Our Buy-Side services are generally performed in the following steps:

Step I - Strategic Planning

bullet Conduct one or more strategy sessions with the Company to gain an understanding of the Company's goals and objectives with respect to an Acquisition Transaction and its acquisition criteria. This will involve a review of the desired attributes of potential Targets including financial situation, competitive position, strategy, geographic location, technological strengths and product offerings.
bullet Assist the Company with respect to the identification of transaction parameters for the Acquisition Transaction such as size and nature of consideration.

 

Step II - Identification of Potential Targets
bullet Conduct research, using a variety of sources designed to produce a list of Targets that conform to the Company's criteria.
bullet Discuss with the Company the initial list of Targets for the purpose of eliminating unlikely Targets and ranking remaining Targets.

 

Step III - Approach to Target(s)
bullet Approach the Targets and/or their financial advisors.
bullet Assess Targets' interest in a potential Acquisition Transaction.
bullet Assist the Company with respect to the selection of Target(s) to proceed to Step IV, according to the desirability of the Targets and the Targets' receptivity towards a potential Acquisition Transaction.

 

Step IV - Preliminary Analysis of Target(s)
bullet Assist in the preparation and execution of confidentiality agreement(s) in order to obtain information from Target(s) necessary to prepare preliminary analysis.
bullet Based on the confidential information, consult with the Company regarding a preliminary valuation of the Target.
bullet Advise the Company with respect to the form of acquisition and the nature of consideration.
bullet Assist in drafting preliminary indication of interest, if required.

 

Step V - Business Due Diligence and Negotiation of Letter of Intent
bullet Assist the Company with respect to its review of the Target's business, emphasizing products, sales and marketing, manufacturing and distribution, research and development, employees and management. Monroy Petersen's services in this Step will not include tax advice or accounting, environmental or other specialized due diligence. Any such services will be contracted for under separate engagements and performed via third party service providers.
bullet Based on the results of the due diligence, consult with the Company regarding an updated valuation of the Target.
bullet Assist in analyzing the pro forma financial effects of an Acquisition Transaction on the Company.
bullet If necessary, assist the Company with respect to the raising of financing to complete the Acquisition Transaction, the terms of which engagement will be negotiated under separate cover.
bullet Assist in negotiating an agreement in principle or a letter of intent (if required).

 

Step VI - Negotiation of Definitive Agreement and Closing the Acquisition Transaction
bullet Assist the Company with respect to any remaining business due diligence items.
bullet Assist in the negotiation of a shareholder's agreement, if required.
bullet Assist in the negotiation of a definitive purchase agreement.