In
speaking to our clients we realised that to facilitate an
acquisition or effect a trade sale was extremely expensive
if using an Investment Bank. Indeed many Investment Banks
will not work with clients unless they are prepared to pay
six figure fees.
SSP
understands that most clients want value for money and the
expertise of working with an agent who understands the technology
industry. These same clients also wanted an agent who has
the resources and ability to match potential buyers and sellers
alike on both a local and global scale if needed.
However,
unlike Investment Banks, SSP can not only facilitate an “exit”
but can help create the value of the business in all stages
of a company’s growth and expansion both locally and
globally. This, we believe, is a major differentiator from
Investment banks who typically do not understand the unique
qualities of the technology industry or have the desire to
work with smaller, highly focused companies.
Such
is our reputation, that SSP has worked with both publicly
listed as well as private clients in both the “buy”
and “sell” side. We have sold businesses to China.
We have worked for US, UK, European and Indian clients in
all markets.
We
understand the key factors, expectations, time scales and
processes in a trade sale and can help in every stage of the
transaction with a pragmatic yet detached perspective necessary
to achieve the best purchase and best valuation.
Why
use an external agent?
Unless
you are an experienced seller of businesses the learning curve
in transacting a trade sale could prove extremely costly.
Keeping your focus on building the value of the business should
always be your priority.
In
using an external agent such as SSP the benefits should be:
- A
realistic price. An intermediary is often able to negotiate
more objectively than the principals. We have the experience
in structuring deals creatively to maximize the value our
clients receive.
- Outside
perspective. We bring an external, dispassionate view of
your company, its markets, technology, and the financial
opportunities that may exist for you.
- Easier
negotiation. While ultimately the final decision will always
reside with the client, we can handle all the rest of the
business that's required to make a deal - or a series of
deals - take place in a timely fashion.
- Greater
probability of the deal happening. Our experience of navigating
the sometimes torturous process of bringing a deal to closure
means that it's more likely it will close successfully.
- Global
reach. As we operate globally we can bring a whole new world
of opportunities to your door.
Considering Selling?
Please
follow the link to download our free booklet: Selling
a privately owned technology business
Considering
Buying?
SSP
has undertaken identifying, qualifying and facilitating the
conclusion of acquisitions for both publicly quoted and private
companies all around the world.Typically
the process is:
- We
prepare a brief summary of your company to send to potential
acquisition candidates
- We
review matching companies on our proprietary databases
- We
conduct additional research to identify new companies
- We
write confidential letters to the CEOs of the target companies
- We
follow up potential interest by telephone
- Interested
companies sign NDA, with Power of Attorney granted to SSP
to sign on your behalf.
- We
send them your details
- We
ask them to prepare a profile of their company to include:
history, skills, knowledge, customers and basic financials
- We
coordinate a shortlist with you
- We
arrange initial meetings
- We
advise on valuations and due diligence processes and coordinate
trade sale processes with other parties
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