Buying a business can be very complex and challenging. However, owning
a business can also be a highly rewarding means of meeting your financial objectives and controlling your destiny. We know what its like to spend months and even years reviewing countless acquisition candidates that
fall short of your criteria. We’ve been through the process many times
and we’re committed to helping you accomplish your acquisition objectives.
Most
buyers are ambitious, smart and spend a great deal of time looking. Yet, less than five percent succeed. Whether you’re an individual, Private Equity Group or Corporate Buyer, a BUYER SEARCH is an excellent
way to uncover "hidden" businesses that have not yet been listed. Many business
owners think about selling long before committing to the process. These can be the best acquisition opportunities and can
be uncovered through a comprehensive Sierra Company, LLC search campaign.
The
process of buying a business through Sierra Company, LLC is outlined below.
We
provide you with a one-page Executive Summary of the Business that summarizes the opportunity.
You
sign a Non-Disclosure and Confidentiality Agreement, a Broker Disclosure and complete a Confidential Buyer Profile. These forms are available in FORMS AND RESOURCES section.
A
Confidential Business Presentation is sent to you that contains a detailed description of the business including history,
employees, sales and marketing, competition, Cash Flow Summary and Financials Statements.
A
meeting with the owner and tour of the company is arranged.
Additional
information is exchanged between Buyer and Seller and a Letter of Intent or Term Sheet is prepared and negotiated.
If
the Letter of Intent or Term Sheet is signed, an exclusive due diligence period is begun.
During the due diligence period a definitive Purchase Agreement will be prepared and negotiated, and necessary financing
is secured.
Closing
documents are prepared and a closing is scheduled with all parties.
The transition
period is completed.