Benchmark International Rolls Out New Interactive Publication of the Mark
Benchmark International has released a new publication, The Mark, which is an award-winning publication that offers exclusive insights into the world of mergers and acquisitions and specialized guidance for business owners on a wide range of important topics.
Do I Really Need an Advisor When I Already Have a Buyer That Has Approached Me?
An ever-increasing number of businesses receive unsolicited approaches from buyers yearly, yet a significant difference exists between being accidentally bought and purposefully sold.
Understanding Earnings: Profit, EBITDA, Adjusted EBITDA, Maintainable Earnings?
Your deal team will discuss and present your company’s earnings to potential buyers, beginning with the Confidential Information Memorandum (CIM), and subsequently in a more detailed analysis as the process progresses.
Financial Due Diligence: Understanding Both Perspectives
For buyers, the financial due diligence (FDD) exercise is a major fact-finding exercise that will, hopefully, reinforce the assumptions that have underpinned their offer. For sellers it’s an opportunity to showcase the business and to reinforce the opportunity to the buyer. For both, it’s a pivotal exercise for informed decision-making, providing protection from unexpected risks and uncertainties. Essentially, FDD allows both parties to complete a transaction with their eyes open.
First Impressions Matter: Preparing for the Initial Meeting with Potential Buyers
Getting ready to meet potential buyers can be a daunting task. The purpose is for you and the buyer to understand each other's businesses and explore potential fits, and it’s normally better that valuation discussions are held separately.