M&A Services
Typical Sellside Timeline*

    Phase l
    (weeks 1-5)

  • Gather and review key company information
  • Meet with management to discuss the company’s plans, opportunities and issues
  • Prepare the company for a transaction
  • Update marketing materials for presentation to prospective partners:
    • Confidentiality agreements
    • “Teasers”
    • Information memos
    • Management presentations
    • Process instructions
  • Prepare/update list of prospective partners

    Phase ll
    (weeks 6-9)

  • Agree on contacts to be made
  • Contact potentials partners and/or buyers
  • Send out “teasers”
  • Negotiate confidentiality agreements
  • Distribute information
  • Prepare information for data room and management presentations

    Phase lll
    Bidding and Buyer Selection
    (weeks 10-13)

  • Receive preliminary indications of interest
  • Assess preliminary indication
  • Invite limited number of parties for senior management discussions
  • Management presentations, and data room review
  • Begin drafting agreements

    Phase lV
    Negotiation & Closing
    (weeks 14-18)

  • Receive firm offers
  • Develop negotiation strategy
  • Negotiate agreements with lead party
  • Complete due diligence
  • Execute contracts
  • Fulfill conditions to closing (regulatory, accounting, legal)

*Timeline will vary based on circumstances for each client and for the type of sale process (which can range from full auction, to limited auction, to negotiated private sale)