The sale of a business generally takes anywhere from 6 to 12 months from the date we are hired to the closing of a transaction. Reasons for selling may include retirement, taking some chips off the table, pursuing other interests or divesting non-core divisions of a larger organization.
Before AIM Group is hired, we conduct management interviews and review historical financial statements in order to estimate a valuation range for the company. This service is provided free of charge.
Coordinate with management the collection of key information and documentation that will be required throughout the engagement.
The CIM is a 20-30 page report prepared by AIM which describes the company for sale in detail. It is only distributed to interested parties who have signed a Confidentiality Agreement in advance.
AIM prepares a Prospective Buyers List which will include companies in the same or related industries, private equity firms, and private buyers who may be interested in acquiring the company.
The VDR is a password protected, online database that contains extensive documentation related to the company which will be required for due diligence after a deal in principle has been agreed with a counterparty.
AIM contacts prospective buyers directly. If there is interest, we send an anonymous 1 page summary with a Confidentiality Agreement by email. We then review signed confidentiality agreements and distribute CIMs.
AIM will review all LOI’s and give advice regarding the price and terms offered by prospective buyers in their LOIs. After negotiations regarding LOI’s we give advice on selecting the chosen bidder.
AIM collects, organizes, and populates the password protected, online VDR with due diligence information requested by the counterparty and their advisors.
AIM supports and coordinates the company’s accountants, lawyers and other advisors to resolve any outstanding issues to close the transaction.
Mark Groulx, President
AIM Group Canada Ltd.
t | (416) 364-8464
e | [email protected]
Toronto, Ontario, Canada