"My business is running well, but now
I need to grow it quicker and make an acquisition. How do
I find the right targets and negotiate a deal - I don't have
that kind of resource."
You're running a successful business and
making profits. You can handle the day-to-day issues and the
strategic direction. But now you've set your sights on rapid
expansion and need to make an acquisition. You don't have
a big team of researchers and financial analysts and can't
afford to divert resources away from the business. You haven't
done this before and are confronted by unfamiliar questions
:
- How do I decide what sort of business
will fit in?
- How do I identify the sort of business
I'm looking for?
- How do I approach businesses once they
are identified?
- How will I handle discussions with them
and sort out the serious sellers from those merely seeking
competitive information about my business?
- How will I decide what is a fair price
and handle all of the negotiations?
- Will I be able to tell which are sensible
buys and which are desperate "fire sales".
Turner Barratt can help. We are experienced
in conducting acquisition search work and will assist with
the whole process from defining the profile of your targets,
through identification, initial enquiry and screening to detailed
negotiation with the vendors and due diligence work.
We can help you grow by acquisition.
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