Buying an existing business is a great way to grow your business. CMC have extensive experience as buyers of companies and can support you through this process.

Buying a business is easy with the help of online sites, but it takes time to find a quality opportunity that is not listed publically, requiring knowledge of different resources and expertise from professionals.

There are 3 phases that we will guide you through:-

Target Selection

Do you have a clear acquisition strategy and criteria for the sort of company you are looking for?
How do you find suitable targets?
What do you want to pay?

Engagement with the Target

A detailed commercial review is needed for the target business
A business plan is required to show how the sale would perform under new ownership
What are the synergies, ie how would the combined business improve sales or cut costs?
Beware of simply hoping that you can run the business better than the existing owner
A structured offer will be needed to reflect the price and the necessary conditions (often called a Heads of Terms)
Due diligence will be needed to check your assumptions and accuracy of the information you have been given
Lawyers prepare and complete the Purchase Agreement

Post-Acquisition

Buying a business is easy – making a success of a purchase takes careful planning
Essential to have a plan for the business post acquisition
Do you integrate or leave stand alone?
How do you deliver the business benefits that were identified before the purchase?

Unless, as a business, you perform acquisitions on a regular basis it would be wise to bring in some experienced and professional expertise. CMC would be delighted to help. Contact us by completing the form below to arrange a confidential meeting.