Mergers & acquisitions

Sell-side and buy-side advice for owners, private equity sponsors, and corporate buyers in the middle market.

Granite boulders reflected in a still lake

Selling or buying a company

Most owners sell a business once. For a buyer, one acquisition can change the direction of a company. Either way, the result depends on preparation, knowledge of the market, and careful negotiation.

We start with an honest view of value and readiness. We then prepare materials that hold up in diligence, approach qualified buyers or targets, and run a timeline that keeps our client in a strong negotiating position.

We represent sellers and buyers in full and partial sales, recapitalizations, buyouts, and mergers, with a senior banker involved at every stage.

Services

Each engagement is shaped around what matters most to the client: the highest price, the right buyer for the team, or a specific acquisition.

Sell-side advisory

Full or partial sale of a business, from valuation and preparation to buyer outreach, negotiation, and closing.

Buy-side advisory

Acquisition strategy, target search, valuation, and negotiation for strategic and financial buyers.

Recapitalizations

A partial cash-out for owners who want to keep a stake and stay involved in the business.

Management buyouts

Advice for leadership teams buying the business they run, covering valuation, financing, and governance.

Divestitures & carve-outs

Selling a division or non-core asset, including separating shared services and transition agreements.

Sponsor-backed buyouts

Leveraged transactions, with attention to capital structure, debt capacity, and financing terms.

Mergers

Structuring and negotiating the combination of two businesses, including ownership and governance terms.

Special situations

Time-sensitive sales, including distressed situations where creditor and owner interests both need weighing.

How a sale runs

A typical sale has six stages. We run each one so you can keep running the business.

  1. Readiness

    Goals, a valuation range, and anything to fix before going to market.

  2. Materials

    A confidential information memorandum, a financial model, and a data room.

  3. Outreach

    Confidential contact with a selected list of strategic and financial buyers.

  4. Offers

    Management meetings and first offers, compared on price and terms.

  5. Diligence

    Buyer diligence and negotiation of the purchase agreement.

  6. Closing

    Final terms, work with your counsel, and support through the handover.

What to expect

One senior banker

The banker who takes on the engagement leads it until closing.

Regular updates

Set milestones and an honest read on buyer interest at each stage.

Fees tied to closing

Most of our fee depends on a successful sale.

Help after closing

Support with transition planning and post-closing obligations.

Common questions

How long does it take to sell a business?

Most sales take six to nine months from engagement to closing. Preparation usually takes six to eight weeks, marketing and buyer meetings another two to three months, and diligence and documents the rest. Complex or regulated businesses can take longer.

How will my business be valued?

We look at comparable transactions, earnings and cash flow, growth, and how particular buyers are likely to see the company. You get a realistic range before we go to market, and a process designed to reach the top of it.

Will my employees, customers, or competitors find out?

Not from us. First contact uses a summary that does not name the company. Every interested party signs a non-disclosure agreement before seeing details, and sensitive information is released in stages to qualified buyers only.

How are your fees structured?

Usually a modest retainer plus a success fee paid at closing, so most of our pay depends on the outcome. Exact terms depend on the size and complexity of the deal and are set out in a written engagement agreement.

Do you work with first-time sellers?

Yes. Many of our clients are selling a business for the first time. We explain each step, prepare owners for buyer meetings and diligence, and work closely with their attorneys and accountants.

Start a conversation

Write to us in confidence. Tell us where the business stands and what you are weighing, and a senior banker will reply personally with a direct view on options and timing.

Selling or buying a business

For owners considering a sale, and buyers with an acquisition in mind.

Email about M&A

Or email info@granitebayma.co