When the time comes to sell
A sale is prepared months before the search for a buyer begins. We put the numbers in order, decide together whom to approach and run the process through to closing, in confidence.
Most business owners sell only once in their lives. The fund or industrial group on the other side of the table buys for a living. Our job is to redress that imbalance.
We start with an honest valuation of the business, which sometimes leads us to advise waiting. When the time is right we prepare the documents an investor expects to read, identify the most suitable counterparties in Italy and abroad, gather the offers and support the negotiation and due diligence through to closing.
We also advise on the sale of minority stakes and on joint ventures, when a business is looking for a partner without giving up control.
How we proceed
- PreparationReview of the accounts, normalisation of margins, valuation and definition of the perimeter.
- MaterialsAnonymous teaser, information memorandum, business plan, data room.
- CounterpartiesSearch for industrial and financial buyers, approaches under confidentiality agreements.
- OffersNon-binding offers, selection of the bidders admitted to due diligence, then binding offers.
- Agreement and closingCoordination of legal and tax advisors, negotiation of the agreement, signing and closing.
Tell us what you need by writing to info@renovarum.com.
Your message will be handled directly by the Managing Partners, with the discretion every project requires.