Question 1

1. Intro Meeting

Accepted Answer

We’ll arrange a short phone or video call to spend some time getting to know each other. We will hear your story, learn about your company, and listen to your goals to understand if there is a fit.

Question 2

2. Initial Financial Review and Offer

Accepted Answer

We will sign a non-disclosure agreement (NDA) and ask for access to basic financial information on your company. We will focus on better understanding your business and arrange for an in-person meeting to further get to know each other.

After our review and meeting, we will put together an initial offer to help us discuss what a deal might look like.

Question 3

3. Letter of Intent

Accepted Answer

If we agree to move forward, we will submit a letter of intent (LOI), which is a formal, non-binding offer to buy your business. The LOI will include a purchase price (or a range) and outline the key terms of the deal. As part of the signed LOI, we will ask for an exclusivity period (typically 60-90 days) to conduct due diligence.

Question 4

4. Due Diligence

Accepted Answer

Due diligence involves a thorough review of your company's financial history, operations, and team. We'll hire advisors to help us understand legal, accounting, and technical aspects.

Throughout due diligence, we will meet regularly to discuss questions, specific deal details, and build a transition plan. This is often a complex and time-consuming process, during which we promise transparency, efficient communication, and empathy.

Question 5

5. Closing

Accepted Answer

Once all parties are signed off, we’ll sign the final purchase agreement, transfer funds, and celebrate an exciting future for your business. After closing, we will work closely with you to ensure a smooth transition for all employees, customers, and suppliers to maintain your legacy.

Get in Touch

Thomas Logan
(520) 390-9240
thomas@copperlakepartners.com

Pat McFadden
(612) 991-9199
pat@copperlakepartners.com

Chicago, IL

Process

Get in Touch

Thomas Logan (520) 390-9240 thomas@copperlakepartners.com

Pat McFadden (612) 991-9199 pat@copperlakepartners.com

Chicago, IL

Process

Thomas Logan
(520) 390-9240
thomas@copperlakepartners.com

Pat McFadden
(612) 991-9199
pat@copperlakepartners.com