How can I sell my business?

An exit strategy is a planned approach to selling ownership in a business to achieve a financial return. It outlines how investors and owners will exit the investment, converting ownership stakes into cash or other assets.

An M&A teaser is a short, usually anonymous first-look document sent to potential buyers or investors before they sign an NDA.

An information memorandum, often called an IM or CIM in M&A, is a confidential document that gives qualified buyers or investors the information they need to evaluate a business, including its operations, financials, market position, growth plan, risks, and transaction context.

Due diligence is a comprehensive appraisal of a business undertaken by a prospective buyer to evaluate its assets, liabilities, and overall financial health. This process aims to confirm all material facts and assess the potential risks and benefits associated with a transaction.

An earn-out is a financial arrangement used in M&A transactions where the seller receives additional compensation based on the future performance of the acquired business. This contingent payment is typically tied to achieving specific financial targets or milestones over a defined period post-acquisition.

A Share Purchase Agreement (SPA) is a legal contract between a buyer and a seller that outlines the terms and conditions of the sale and purchase of shares in a company. It serves as the primary document governing the transaction, specifying the rights and obligations of both parties, the purchase price, and other critical details necessary to complete the sale.