I want to sell my business
As a leading business finance provider XL Business Finance runs a database of individuals and organisations wishing to acquire businesses via amalgamation and acquisition. If you feel that the recession has taken its toll and you have been considering your long term goals and exit strategy XL Businesses Finance will be able to help. Through our extensive network of professionals and existing client database we have been successful matching business buyers and sellers together.
Although the mergers and acquisitions market has not been as buoyant as it has been there are still organisations wishing to acquire similar businesses. Some of these organisations will to use their own cash to fund the acquisitions however others will use the assets within the business to provide the funding.
More often than not the key personnel are required to run the business on an earn out therefore providing the opportunities for the previous owners to keep involved within the business. Most acquisitions and mergers will provide some economies of scale within the market sector resulting in cost savings and increased sales opportunities. We have recently being doing work with a group of engineering companies. Previously they operated as 6 individual business and although only a small area of business overlapped they would definitely have seen each other as a threat and a competitor. They are now all working together passing non core business to each other and as a result turnover across the group is increasing. Safety in numbers.
Tags: business finance