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3 Steps to a Smooth M&A Process

 

Owner Operators who contemplate the sale of their business can have a variety of reasons for doing so. Whatever the case, the decision to sell can often feel like an arduous affair. In our experience, we’ve found considering the following points useful at all steps of the transaction:

Determine Objectives Early On

Before embarking on an M&A process, it is integral for business owners to determine both their long and short-term goals. Having a clearly defined direction for the future of the company will allow the owner to better identify what they want out of a transaction, and which acquirer best suits their needs.

Investigate your Business’s Strengths and Weaknesses

It is essential for business owners to maintain an intimate understanding of their businesses’ strengths and weaknesses, as they should steer the M&A process. By identifying the strengths and weaknesses of their business, owners can further develop their professional needs and objectives.

Knowledge is power, and knowing the finer details of their business would assist owners in securing an acquirer that could fulfill their needs and objectives.

Consider the Most Strategic Transaction  

No two acquirers are the same which means no two transactions are the same either. Owners should look for strategic acquirers that can help remedy the business’ pain points, while complimenting its strengths. By working collaboratively with their acquirer, owners should strive towards ensuring their business needs are met.

Your Turn

Are you looking to exit your business in the foreseeable future? At Volaris Group, we work directly with business owners to make their business goals a reality. Find out more about our acquisition process today with our step-by-step guide.

 

About the Author

Brian Beattie is the Chief Financial Officer at Volaris Group. Besides overseeing the financial health of the company, he works closely with Volaris’ legal and M&A team on all new acquisitions. Brian is an expert on every stage of the M&A process – from sending out the non-disclosure agreement to executing the sales purchase agreement.

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