- Interested In Selling Your Business
- Unsure If There Will Be Sufficient Buyer Interest In Your Company
- Concerned About Upfront Costs & Unknown Outcomes
- Concerned About Confidentiality
Beechwood has created a differentiated and innovative “Two-Step Phased Process” to efficiently sell your company
2-STEP PHASED PROCESS
Phase 1:
OBJECTIVE: Determine Degree of Buyer Interest Over a 1 to 2 Month Period with Minimal Cost & Risk
- Conduct preliminary due diligence on business
- Prepare a generic/no name teaser on your business (“Teaser”)
- Send the Teaser to our extensive network of strategic and financial buyers
- Field inquiries and determine how many parties are interested in executing a non-disclosure agreement (“NDA”) to learn more about the business
- Based upon the quality and quantity of responses, Company can terminate the process with no further obligation/cost or proceed to Phase 2
Phase 2:
OBJECTIVE: Formally Introduce the Company to Buyers and Proceed with a Transaction
- Expand due diligence
- Prepare more extensive marketing materials (“Marketing Materials”)
- Send NDA to interested parties for execution
- Distribute Marketing Materials to parties who signed NDA’s
- Expand buyer list with company input and approval
- Prepare a virtual data room (“VDR”) with company information and make available to buyers
- Track buyer activity in the VDR
- Create an ongoing FAQ document (frequently asked questions) for buyers
- Set up calls and meetings with management
- Create a Process Letter establishing procedures, requirements and timelines for buyers
- Receive and review offers with company and its professionals
- Negotiate offers
- Choose final buyer
- Assist company professionals with definitive documentation
- Close transaction
If speed is a priority, we can shorten the process by utilizing a more traditional approach by combining Phases 1 and 2. We can then formally market the business in a compressed timeframe which would require a more definitive company commitment from the onset.
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