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Many
business owner's who wish to grow their company via acquisition of others find
they do not have the time nor expertise to devote to the process. In addition
they cannot or do not want to afford an in house Merger & Acquisition
department. To solve this problem many companies are turning to Lighthouse Financial, LLC
and other Network Members to let them function as
their M&A department and
to take advantage of the experience they gained in affecting over 2,000
transactions.
Finding a good business
can be a difficult
undertaking. Most people take a reactive approach to finding a
business to buy. Much time and effort is spent searching the Internet, contacting Business
Brokers, Bankers, Accountants and other centers of influence to generate a "Deal
Flow" It is not unusual to spend a year or
more in full time search, often without success.
One serious limitation to this reactive approach
is that often a purchase is made because it could be made, not because it should
have. Acquisitions
should occur as part of a strategic plan, not just because a particular business
can be acquired.
Lighthouse Financial takes a proactive approach and only acquires businesses
according to a strategic plan. Using this
process we deal primarily with business owners whose
companies are not listed for sale with Business Brokers and Intermediaries etc. Most high quality opportunities never make it to the market place because
someone (usually an “insider”) comes along and scoffs them up.
That someone may as well be you.
An overview of the program:
Phase One
Define - Long and short term objectives, desired personal, strategic or operational
goals, profile of ideal business and financial "fit."
Identify - Industry and Companies that meet designated objectives.
Develop - Financial and operational screening process for evaluating target
companies efficiently.
Screen- To develop list of companies that meet the specific criteria previously
determined.
Phase Two
Contact by mail and telephone those businesses meeting your criteria.
Visit 30 to 40 Companies that indicate a willingness to consider selling
Evaluate companies to determine those that best match your criteria
Negotiate price and terms with top candidates
Present you with a choice of Companies you can buy with price and terms meeting your
criteria
Phase Three
Choose company or companies to purchase
Perform necessary "Due Diligence"
Arrange financing
Phase Four
Coordinate acquisition team's closing efforts, final negotiations, document preparation and
reviews
Transfer of business
With
our proactive program you can usually acquire a synergistic business within
three to six months!
Want more information? Call
1-508-794-1200
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