We will work together to ensure a smooth transition of your business

  • Intro call and NDA

    After an introductory phone call, the first step in the process is to enter into a standard non-disclosure agreement to protect the confidentiality of the information you will share with me about your business.

  • Indication of Interest (IOI)

    I will review the information about your company (e.g., financial statements) and submit an offer to purchase your business.

    The offer will be in the form of a letter that will outline in simple language the non-binding terms that will cover the acquisition of your business. This is the first step in establishing a longer-term relationship and is meant to reduce to writing the details of the transaction.

  • Letter of Intent (LOI)

    This is a formal letter that will document the details of the transaction.

    After signing a Letter of Intent, I will have approximately 90 days to conduct due diligence through the help of external advisors and arrange bank financing to acquire your business.

    During this period, we will work closely together but I will also strive to minimize distractions from running your business.

  • Purchase agreement and business transition

    In this last step, our lawyers will work together to document the transaction into a formal, legally binding document. Upon signing, the ownership of your business will pass to Crimson Search Capital in exchange for the agreed purchase price consideration.

    Following the closing of the transaction, we will work together to ensure a smooth transition for all stakeholders in line with our mutually agreed terms.