In order to transfer his company, there are several options. Here are the most common:
TRANSFER TO SOMEONE INSIDE HIS COMPANY OR HIS FAMILY
• Inside the family which will continue to manage the company • Inside the family which will put in place an external manager • One of the manager already working inside the company (Management Buy-Out)
TRANSFER TO SOMEONE EXTERNAL TO THE COMPANY OR THE FAMILY
AlpiFinance will guide you through the best options for you to transfer your business and will assist you along the whole process and all the key steps:
1. Preparation 2. Valuation of the company 3. Drafting a presentation of the company 4. Identification of potential buyers 5. Contact with potential buyers (without disclosing the name of the company) 6. Signature of a non-disclosure agreement (NDA) 7. Disclosure of information about the company 8. Letter of intent 9. Due Diligence 10. Confirmation of letter of intent 11. Final negotiation and closing
To transfer his company is a long and complex process. In average, it takes about 18 months and even longer if you try to do it without the assistance of experts.
In this field, AlpiFinance works in close collaboration with Ancrage Transmissions which has more than 20 years’ experience in assisting entrepreneurs in selling/purchasing existing companies. For references and comments from our clients, you can visit the website of Ancrage Transmissions. You can also check our current opportunities.