We want to be your preferred buyer. To that end, we have designed a process that makes transacting with us fast, fair, and free of anxiety.
Here’s how it works
First things first. Let’s have a conversation about the business you’re considering selling. Early on we can tell you whether there’s a fit. We are a small team and we believe a quick “no” is valuable information for all parties involved.
1
If we are indeed interested, let’s get an NDA in place. Yours or ours - we’re not fussy.
2
Next - we’ll need a P&L for the last 3 years, balance sheet, anonymized census, and if it’s a SaaS business, your KPIs (CAC/LTV/churn, etc).
3
We usually like to have a phone call to make sure we understand everything. At this time we can usually offer a verbal valuation range. If both parties are aligned, we’ll forge ahead.
4
Letter of Intent to outline valuation, deal terms, and time to close. We look to close deals within 60 days. Our average is 45. Our record is 25.
5
We are cash buyers. Mo and Jordan are the decision makers. We don’t need to call our bank, our investors, or our moms for approval.
6
For carve-outs, we handle the complexities of HR, shared services, and co-mingled accounts to ensure a smooth process for all stakeholders.
7
We offer fair, clean transaction documents with middle-of-the-road terms. We’ve been working with the same attorney for 8+ years and he doesn’t pull any punches.