Sharing the stories and insights of people involved in everyday mergers and acquisitions - from founders and brokers, to investment bankers and CPAs. Everyday M and A is hosted by the business law firm of Thorsen Legal (https://thorsenlegal.com/) and the business brokers at Texas Business Brokers (https://texasbusinessbrokers.com/)
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Sharing the stories and insights of people involved in everyday mergers and acquisitions - from founders and brokers, to investment bankers and CPAs. Everyday M and A is hosted by the business law firm of Thorsen Legal (https://thorsenlegal.com/) and the business brokers at Texas Business Brokers (https://texasbusinessbrokers.com/)
How You Should Respond When Someone Offers to Buy Your Company, The Right Way to Inform Your Employees That You're Selling Your Company, What You Should Do Before Signing a Term Sheet
Everyday M&A
37 minutes 1 second
5 years ago
How You Should Respond When Someone Offers to Buy Your Company, The Right Way to Inform Your Employees That You're Selling Your Company, What You Should Do Before Signing a Term Sheet
On this exciting episode of Everyday M&A, we hear from a Bryan Menell who has sold, IPO’d, and acquired multiple companies. Bryan shares with us:
How to creatively fund a roll-up strategy (hint: it’s how Blockbuster Video expanded so quickly)
The right way to inform your employees that you’re selling your company
What you should do before signing a Term Sheet
How you should respond when someone offers to buy your company
Why you want a strategic buyer rather than a financial buyer
Why you shouldn’t rely on your investment banker to negotiate your deal
Due diligence questions you should ask the company interested in acquiring you
The one point of contention that occurs consistently across deals, and how to address it
Who from the buyer side you should and shouldn’t negotiate with
Who you should bring on if you can’t afford an investment banker
Selling a company is complicated, so it's essential that you have expert advisors helping you. The business attorneys at Thorsen Legal have decades of experience helping clients buy and sell businesses of all sizes. If you are thinking of acquiring or selling a business, contact them today for a free consultation.
Everyday M&A
Sharing the stories and insights of people involved in everyday mergers and acquisitions - from founders and brokers, to investment bankers and CPAs. Everyday M and A is hosted by the business law firm of Thorsen Legal (https://thorsenlegal.com/) and the business brokers at Texas Business Brokers (https://texasbusinessbrokers.com/)