Business Acquisition
Clients use the Jamieson search process to
locate the business they are seeking where it is not currently
offered in the market.
The type of business sought is outlined in
terms of selected criteria:
-
Industry / commercial
/ service activity
-
Sector of this activity
-
Location, local / national
-
Number of employees
-
Turnover and profit performance
-
Price range
Jamieson's broad knowledge and experience
across a wide variety of manufacturing, distribution and
service industries enables us to conduct an efficient business
search of industry directories and data bases to find and
to buy a business that is suitable. In many industry groups
we know most of the participants from past dealings.
Following consultation with our client the
owners of the target businesses are approached. If they
are receptive at this stage, we usually need to disclose
the identity of the purchaser in order to obtain financial
and operating data.
We prepare a report on each willing prospect,
with the same scope and detail as our business sales information
memoranda, and provide our own recommendations.
The Jamieson business
acquisition process then goes through similar steps to the
business sales process outlined under the Business
Sales section. It includes analysis of various characteristics
such as the strengths, weaknesses, opportunities and threats
faced by the business and financial and other quantitative
factors. The process also includes valuation of the target
business, structuring an offer proposal and negotiation,
and assistance with the necessary documentation leading
to the completion of a successful transaction to buy a business.
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