Although there are different ways to buy an existing business, in most cases the process of buying a company is broadly the same. SCCN serves as your single point of contact and coordinates the entire process.
Why expand to Europe?
- Having a home base for your business in the EU will save on shipping and transportation.
- European expansion helps you diversify your business, decrease international business risk, and grow your revenue streams.
Steps
When you want to buy a company in Europe, we follow the following steps.
- Setting of the criteria that need to be met by the companies we target.
- Creating a profile of the companies that is of interest to you.
- Sharing the profile within our networks. When candidates come forward, we connect the two of you.
- An independent and certified specialist analyses the targeted company and gives an indication of its business value.
- A letter of intent is made containing the main terms of the acquisition. In 95% of cases, signing the letter of intent leads to a transaction.
- An independent specialist carries out a due diligence investigation. There are several reasons why due diligence is crucial:
- Confirm and verify information that was brought up during the deal or investment process
- Identify potential defects in the deal or investment opportunity and thus avoid a bad business transaction
- Obtain information that is useful in valuing the deal
- Make sure that the deal or investment opportunity complies with the investment or deal criteria
- After a successful due diligence, the deal can be closed.
Reach out to us if you want to expand your business in Western Europe.