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Process
At Northway Partners, we partner with you to create a smooth and thoughtful ownership transition. Our approach focuses on building trust and aligning with your priorities to ensure a successful transfer.
How it works
Our six-step process is designed to simplify the complexities of ownership transfer, ensuring a smooth journey from our initial conversation to the final closing, while demonstrating our commitment to preserving your legacy.
Discovery
We engage with potential business owners in a confidential call to understand their vision, values, and goals, including exiting, setting the foundation for a strong relationship.
Agreement
We reach a mutual understanding of terms and objectives, ensuring all parties are aligned before moving forward by signing an NDA to keep your business’s information private.
Commitment
We issue a Letter of Intent (LOI) to outline the key terms and framework for the acquisition, clarifying our shared commitment as well as start the process of valuing your business.
Evaluation
A comprehensive but efficient evaluation of financials, operations, and cultural fit through due diligence, confirming the strategic alignment and long-term potential.
Closing
We finalize the transaction, ensuring all agreements are executed and terms are met, paving the way for a seamless handoff and partnership.
Transition
We work closely with you and your team to ensure a smooth transition, respecting legacy and supporting operational continuity.
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