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5)
What should I expect when I first contact The Mae Group?
By calling us, you can rest assured that the proper
questions will be asked in order to help you focus on your future and the
future of your company. You should expect to feel like TMG is your ally as
well as your advisor. You should also expect TMG to protect the information you share with
the highest level of confidentiality.
6) What is
involved in the process once I decide that The Mae Group is right for me?
Initial Meeting - The first meeting is between the company owner and
our representative. Several items will be discussed, including the client's
products, marketing, competitive position, current capitalization, executive
compensation, operations, facilities, industry overview, personnel policies
and growth prospects.
Valuation
- An extensive
confidential review is undertaken in detail sufficient to identify the
elements contributing to the value of the company. If the owner is
interested in a sale, a valuation range is then established by measuring the
company's profile against the trading value of similar companies, the prices
achieved in comparable transactions, the strategic value to potential
acquirers, the company's financial potential, and the market climate in
which the sale would take place.
Company Sale -
The
Mae Group (TMG) will first meet with you and all parties involved in the sale. We
gather all information necessary to prepare a confidential "Sellers Guide" which
includes a detailed evaluation of the business. The purpose of this guide
is to provide the Seller with a fair market valuation for developing a
selling price. We
gather all information which includes a questionnaire provided within the Sellers
Guide to compose a compelling, sales-oriented "Sales Book".
This document will include the company history, financials, an overview of
the market and industry, as well as product and operational features.
Once
the "Sales Book" and one-page outline are finalized, TMG
will market the company to a large number of suitable buyers while carefully
protecting your confidentiality. We
create a competitive atmosphere so that bids reach the high side of your
expectations. You are informed of all interested buyers. We arrange and
attend all buyers' visits to your business. TMG will work with all parties
in regards to negotiation, offers, paperwork and closing procedures.
TMG will seek to replace the
company's lender with new financing which will have more favorable terms.
Companies frequently require a restructuring of their capital base for a
variety of reasons, such as providing to stockholders liquidity or expansion
capital. TMG will evaluate the capital needed, structure the deal and
source the financing, which could consist of new senior debt, subordinated
debt or straight equity.
Identify Interested Parties- TMG maintains an extensive
database of active buyers and lenders, including corporations, funds, banks
and asset-based lenders.
Obtain
Confidentiality Agreements
- All potential investors and acquirers execute strict detailed
confidentiality agreements prior to receiving any information about the
company.
Market the Company
- A marketing strategy is designed which will encourage competition among
potential buyers or lenders.
Negotiate - Negotiations
with interested parties are conducted to achieve maximum value on favorable
terms. By carefully evaluating potential buyers and remaining involved in
all negotiations, we eliminate many impediments to closing. |