Buying a business is often a simpler way of growing your own business than continuing to grow it organically. This can be done by acquiring the shares of another company or simply buying the assets of the company.
Finding a company to Buy – This can often be the most difficult part, particularly if you have no idea where to start. We can assist in finding suitable buyers using our company databases and other platforms.
Negotiating terms – We will advise you on what we think the target business is worth and draft non-binging heads of terms.
Due Diligence – Once potential buyers are found, it is essential you have an advisor that thoroughly assesses the business you are acquiring. This is often split between commercial, financial and legal due diligence. We project lead this process and work with your chosen solicitor throughout the process. This process is essential to ensure you understand what you are buying and highlighting and risk areas.
Funding requirement – If external funding is required, Gravitate have the network contacts and partnerships such as [Swoop] to ensure you are getting the best and most suitable funding for the transaction
Tax considerations – Tax advice is often key to an acquisition process. At Gravitate we work with a variety of trusted tax advisors ensuring the price you pay is competitive.
Legal documents and Completion – Following due diligence we will often revisit the terms, particularly the price structuring initially agreed and assess whether this is still relevant. If not, we will work with the solicitors in the drafting of key documents particularly the Share Purchase Agreement (SPA), through to legal completion. [image of champagne bottle]
What is the process of buying a business?
Why choose Gravitate?
Gravitate offer a simple and clear pricing solution for each stage of the acquisition process.
Through our advisor network, we are best placed to refer the necessary tax and legal advisors when needed. We are there to project manage all stakeholders involved in the transaction to ensure all bases are covered.
Get in touch with us today & see how we can help your company