Do you have too much cash on hand? Cash allocation decisions are some of the trickiest for small businesses to face – make your cash work as hard as you do. Read More
The road to selling a business is winding. The right intermediary will guide you down the right path. Do you need a business broker or an investment banker? Read More
How do different types of non-disclosure agreements protect the parties involved in M&As? Learn common NDA terms and accompanying documents. Read More
What kind of business buyer should you approach to sell your business? Find out where to meet financial, strategic and operator buyers. Read More
Divest to Grow The percentage of companies utilizing divestments doubled from 2017 to 2019. Executives and investors are learning that in order to increase value and grow their core business, they must keep up with changing consumer habits, new technologies, new capabilities and pressure from activists and ESG (environment, social and governance) investors. A divestment […] Read More
“Special situations” affecting stock price, (i.e. bankruptcy or a spinoff company) can be more complicated for private companies, which tend to be illiquid. Read More
The terms of sale are the heart of the purchase and sale agreement. They define what is being purchased, how much it costs and how payment will be made. Read More
Positive covenants and restrictive covenants in a Purchase Agreement protect the value of the Company for the Buyer but may be overlooked. Read More
Understanding Representations, Warranties and Indemnities in M&A Transactions When boards are deliberating the purchase or sale of a business, they need to consider the long-term risks of the decision. Understanding the representations, warranties and indemnifications being made is essential to executing fiduciary duty, since the risks do not go away after the deal is done. […] Read More
An owner selling his business gets 3 high pre-emptive bids. Should he take a deal or allow the competitive bidding process to continue? Read More