by Rowland Savage | May 26, 2021 | Uncategorized
This blog is the first in a series intended to bring transparency to the acquisition process for startups. When it comes to one company buying another, you have likely heard the term “Mergers and Acquisitions” (or “M&A”). A merger is when two entities are combined...
by Rowland Savage | May 26, 2021 | Uncategorized
It is generally acknowledged that acquisitions run more smoothly when the startup founders have been through the process before. Hardly surprising, right? This is true for just about every process. Things are just easier when you know what to expect. This being the...
by Rowland Savage | May 26, 2021 | Uncategorized
One of the unspoken rules in acquisitions is that both sides pretend that money is not the key motivating factor. While I will defer to the politeness of maintaining this approach, I can assure you that on the company side, most deals only make sense if they cost less...
by Rowland Savage | May 26, 2021 | Uncategorized
There is a lot of internal choreography that must take place before a company can issue a term sheet. For the startup, which has likely been left in a holding pattern while the wheels turn at the company, receiving a term sheet is usually a very positive development,...
by Rowland Savage | May 26, 2021 | Uncategorized
Immediately after signing the LoI (term sheet), your startup will receive a request for a substantial list of documents and information that the company wants to see. So begins the due diligence process. This stage can often feel onerous, but it is important for...
by Rowland Savage | May 26, 2021 | Uncategorized
The most stressful part of any acquisition process is negotiating the main deal documents. Some of this stress can be alleviated with a better understanding of what is happening and the motivations of all involved. Some of it is inescapable and just needs to be worked...
Recent Comments