Acquisition Process

The acquisition process is really a mirror image of the Sales Process. Click here for more information.

Once Switch Business has obtained the authority to act on your behalf we will obtain a full brief on what you require. If there is a specific business you would like to target or just a specific sector we will agree on the search parameters. Once agreed we will approach the business on your behalf without disclosing your identity (unless we both agree to). If the business owner is interested in looking at an offer on their business we will obtain all relevant information and conduct an appraisal on the business to determine its market value.

We would then advise you on what we believe would be suitable terms and conditions for an offer and following agreement draft up the offer and (if acceptable to you and your advisors), present your offer for consideration.

This will generally be in writing as a Sale and Purchase Agreement or a Heads of Agreement. The agreement sets out all the terms and conditions of the offer and will almost always be dependent on you completing due diligence to your satisfaction. Once both parties have signed the contract there are now various conditions that need to be satisfied and we would work with your team of professional advisors to ensure that all conditions are satisfied.

If you wish to have a confidential, obligation free chat or come in for a coffee, contact us today.