To maximize value in a divestiture, meticulous planning and organization are essential. At The BishopKnight Group LLC, we bring the experience and expertise needed to ensure a seamless and efficient divestiture process. Each step in the process carries both opportunities and risks that can significantly influence the final transaction price.

As a seller, here’s what you need to focus on:

1. Develop an Exit Strategy

• Define your objectives and timeline.

• Conduct thorough marketplace research.

• Prepare your operations to sustain positive trends and profitability.

2. Determine Enterprise Value

• Identify key value drivers.

• Collect and analyze relevant data.

• Obtain a third-party valuation to establish a fair market price.

3. Bring the Business to Market

• Develop and qualify all viable prospects.

• Execute confidentiality agreements with interested parties.

• Narrow down the field to the most serious buyers.

4. Evaluate a Letter of Intent

• Analyze the written offer, including price and terms.

• Propose a counteroffer if necessary.

• Facilitate the buyer’s due diligence process.

5. Establish a Definitive Purchase Agreement

• Collaborate with a qualified transaction attorney and tax advisor.

• Plan the transition, including management agreements, non-compete clauses, and other key details.

6. Complete the Transaction

• Open escrow.

• Facilitate the transfer of funds.

• Close Escrow.
  

At The BishopKnight Group LLC, we guide you through every step, ensuring a smooth process and maximizing the value of your divestiture. Let us help you achieve your goals with confidence and clarity.