Aquisitions
Acquisition Process:
When considering an acquisition a company first needs to ask the purpose for doing so and how this will be funded. Through the use of a systematic approach, Cathedral assists in the acquisition process which includes the following:
- Assess:
- Determine how the acquisition fits into company strategy.
- Assess the sources of funding and potential payment structure.
- Prepare and Identify:
- Identify a target(s).
- Analyze and price the target company.
- Present an Expression of Interest.
- Negotiate and Close.
- Perform due diligence.
- Design Term Sheet.
- Close the deal.
| Case Study: As part of an overall strategic plan, Cathedral assisted a manufacturing company in acquiring two related businesses over a two year period. A potential value was established and clarified through a due diligence period. This resulted in a very low price for one acquisition and a creative payment structure for the second that met the needs of all parties. Integration and transition were wrapped up in Cathedral’s Board Services program. |
