Not all PEGs are created equal. The groups we deal with are great buyers. They all:
have access to capital — they won't make a deal and then try to figure out how to finance it
will make a decision quickly. If they want to buy your company, they will present a letter of intent, probably within days. If they decide not to make an offer for your business, they will let us know quickly – they won't ask for more and more information and string the process along, only to later say "not interested".
approach acquisition very professionally. These are professional buyers who know how to make a deal and how to treat business sellers
they will respect confidentiality (they have to in order to remain in business)
know how to value a company based on its past and on its future
know how to make a deal and how to use a myriad of tools to bring a deal to a win-win conclusion
will have references — In most cases, you will be invited to speak with others who have sold businesses to them
have a high likelihood of closing — One of the biggest dangers in offering a company for sale is seeing a deal fall apart, 3, 4 or 5 months after terms are agreed to. We screen private equity buyers very carefully for likelihood of closing a deal. We simply won't present your company to a PEG that doesn't have a good track record of closing the deals they make.
If you are considering the sale of your company now or in the near future, give us a call. We'll be happy to discuss this possibility with you without cost or obligation.
BOSTON
PROVIDENCE
145 Tremont St., Suite 304 Boston, MA 02111 Phone ~ 617-426-2400 Fax ~ 617-426-4646