The pros and cons of buying a business
Mergers and acquisitions can help your business grow, diversify and exploit market opportunities.
The potential benefits of such a deal include growing sales and market share more rapidly, providing access to new markets, products and geographical locations and securing continuity of supply.
But before you acquire a business you need to be sure that it will deliver the synergies and advantages you hope for.
We support clients by understanding your goals and conducting extensive market research to identify suitable targets.
We have strong connections with intermediaries in the market, as well as our own market intelligence on businesses available for sale.
At Beever and Struthers, we approach potential vendors discreetly to maintain your anonymity, advise on a fair price for the target business and negotiate terms with the vendor.
Be sure that it will deliver the synergies and advantages
Our in-house experience allows us to support you through due diligence to ensure a smooth transition to decision-making and completion of the transaction.
Post-deal, we are able to advise on integration of your acquisition into your existing business, such as reviewing your group structure, adapting financial forecasts, management reports and assisting with employment packages.
We can also assist with completion accounts to assess the working capital to confirm final payments to the vendor.
Our specialist team of advisors can provide you with comprehensive strategic acquisition advice and practical support to help protect your existing business during the purchase process and ensure the acquisition has a positive impact.
For more information on this topic, please contact me at the Blackburn office of Beever and Struthers.