We’ll meet for lunch, coffee, or over the phone to talk about your company, goals for the future, and a little bit about how McCall operates. There’s no commitment at this stage. As you can expect, this stage goes pretty quick.
Have a ballpark idea of service territories, general customer numbers, and other information. We won’t ask for specifics at this point.
In this phase, we’ll apply due diligence to determine whether or not the business acquisition makes sense on paper. This includes a deep look at your financials, service areas, current talent level, and assets. We’ll also look at areas of improvement and key risks.
We will also present terms for the transaction, including our agreed payment price for assets and/or stock. We will also finalize details, including your continued participation after the sale is complete.
Once the NDA is in place, we’ll request a 12-item checklist that includes detailed financial data, employee headcounts, compensation details, fleet information, and breakdown of revenue by service category.
Signed agreements, transaction documentation, and detailed terms
Completion of the acquisition, payment, and transfer of shares and/or assets