top of page

Map out your buyer's final M&A approval process

Founders often make this mistake in the excitement of signing an LOI:


👉 Neglecting the buyer's final M&A approval process.


I recently spoke with a founder who signed an LOI with a large strategic buyer. 


He thought the transaction close was imminent. 


But he overlooked the buyer's final process post-LOI.


He missed that an M&A committee approval was needed to close the deal. 


And that was where everything fell apart.


Key Takeaway


Ask the buyer to map out their entire M&A approval process post-LOI to close. 


This is particularly important with larger companies with more stakeholders and complex processes.


Be mindful of any process dependencies (e.g., committees) where you lack relationships.

Comments


Recent posts

Maximize your exit, your way.

bottom of page