How a business sale actually works.
Every deal follows a disciplined path. Sellers move from valuation to a confidential launch to a managed close. Buyers move from a defined mandate to diligence to funding. The confidential NDA step protects everyone. Here is what to expect on each side.
Selling, step by step.
Valuation
Normalize earnings, benchmark comparables, agree a defensible range.
Preparation
Build the confidential information memorandum and the data room.
Confidential launch
Market on a no-names basis to a qualified buyer network.
NDA and disclosure
Qualify buyers, sign NDAs, release financials to serious parties only.
Offers and LOI
Negotiate terms and accept a letter of intent.
Diligence and close
Manage diligence, financing, and closing mechanics to funding.
Buying, step by step.
Mandate
Define sector, size, geography, and return profile.
Sourcing
Surface listed and off-market targets that fit.
NDA and review
Sign NDAs and review the confidential financial package.
Letter of intent
Submit a structured, fundable offer.
Diligence
Engineering, finance, and compliance pressure-test the business.
Close and operate
Coordinate funding and counsel, then plan the first 100 days.
Wherever you are, start here.
A short, confidential conversation is the first step for buyers and sellers alike.