SeaFort’s Investment Process
Overview
Regardless of your goals or your time horizon, our process begins with a conversation. Please get in touch with us if you would like to learn more. In terms of where the discussion will go, below is a high-level road map for what you can expect.
Step 1: Introductory Call
During our initial call, we would love to learn more about you, the history of your business, and what your expectations are in terms of involvement and time horizon. We can share more about SeaFort Capital, what our plans are for the future, and answer any questions you might have. If we agree there is a mutual fit, we can take the next step. If you are interested in starting the conversation, please don’t hesitate to reach out.
Step 2: Information Sharing
In the next phase of the process, we execute a non-disclosure agreement (“NDA”) and begin collecting information from you so that we are able to provide you with the price we would be willing to pay for your business. This information may include some of the following items:
Historical financial statements
Sales reports broken down by customer
Sales reports broken down by service
Information about you and your management team
Information about your workforce
If any of the information available above isn’t available, that is ok. We will work with you to find the information we need.
Step 3: Initial Offer
From the time we have received all of the information requested, we will take two weeks to conduct our internal analysis and draft a preliminary Expression of Interest (“EOI”). The EOI will include the price we would like to pay for your business and other details related to the transaction. If the EOI is acceptable, we will conduct a more thorough review of your business.
Step 4: Due Diligence & In-Person Meetings
This phase of the process is a more detailed review of the information provided in Step 2 and also an opportunity to meet in person. Members of the SeaFort team will come to meet you in person and tour your facilities. During the facility tour, we can be as discrete as you need so as to not reveal why we are there to any staff members.
Step 5: Definitive Offer
Following the review of the information received during due diligence, we will be in a position to deliver a definitive offer. SeaFort prides itself in being consistent and transparent throughout the information gathering and negotiation process. Our definitive offer will be provided in a Letter of Intent (“LOI”) that includes a price and precise details about the transaction structure including terms of future employment, and what our plans are for your business. If our LOI is acceptable to you, we will move to final closing matters like drafting a binding legal agreement.
Step 6: Transaction Close
Once all legal documentation has been finalized and the deal is closed, we will transfer your funds and begin working on the next chapter of your business!