Buying or Selling Your MSP – MSSP – IT Business Even Easier
Here are 8 steps to get you to your next adventure in easily – Watch the 2-minute for more.
1 – Kick Off – organize business data from Seller and build Confidential Profile.
including a Transition Plan and Timeline.
2 – Marketing Campaign – develop a curated marcom campaign particular to buyer – seller
goals and concerns.
Launch campaign and develop custom market valuation analysis.
3 – Buyer Seller + Investor Outreach.
Conduct follow up calls with hand-selected buyers.
Put NDA and document signature management in place.
Provide introductions to buyers sellers and investors.
4 – Management Meetings – Seller and buyer as needed prepare needed company documents and as requested, responds to due diligence issues.
5 – Legal – get additional legal representation if none in place with M&A experience.
Letter of Intent – LOI is submitted by buyers/investors of mutual interest from seller.
6 – Negotiation & Due Diligence.
Buyer – Seller negotiate and signs LOI, enters into exclusivity period with one buyer to complete due diligence.
Negotiate Purchase Legal Agreement.
7 – Close Transaction – Seller & Buyer teams prepare press releases and announcements.
8 – Wealth creation – go and enjoy life or optionally guide the buyer.
Explore this and more via cross@gocross.com