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The Acquisition Process
IBP has closed over 50 contractor business acquisitions
in the last ten years. As a result, we recognize your challenge
of operating the business and, at the same time, working through
a sale. We respect your time and the requirement for the utmost
confidentiality throughout the entire process.
In general, here are the key steps.
- based on your goals, agree upon terms of your involvement
in continuing to manage your business,
- mutually agree upon a fair valuation of your business
subject to due diligence,
- jointly plan how to develop attractive opportunities
for your key employees,
- complete due diligence between 45 and 120 days,
and
- finalize a purchase agreement that is fair and
as simple as possible.
After the Acquisition
Our goal after the acquisition is to enable your company
to continue doing what it does best - operate the business and serve
your customers in your own local market. As you transition to IBP,
we will connect your administrative function to our Corporate Office
as quickly and efficiently as possible.
In addition to providing your business access to the
financial and human resources it needs to continue to grow, IBP's
Corporate Office provides
- safety consulting, insurance, workers compensation
and claims management,
- information technology support,
- payroll processing, payroll tax filings and withholdings,
- accounting and financial statement preparation,
- cash management services,
- human resource consulting and assistance, and
- purchasing assistance for material, vehicles and
supplies.
Contact: Director of Business Development, (614)221-3399
x238
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