Sell-Side


Synxronos works with strategic and private equity companies who are seeking to divest a product line, business or entire company.

Synxronos' approach to divestitures includes:

1. Understanding the client's business, the industry it competes in and its financial outlook.
2. Determine a realistic valuation for the business. Assuming the valuation is consistent with the client's goals,
3. Develop a list of prospective buyers. The list of prospective buyers would include the businesses' competitors, complementary businesses, other potential strategic buyers and financial buyers
4. Prepare an offering memorandum on the business, focused on the strategic and tactical benefits the business would have with the likely acquirers.
5. Contact the list of prospective buyers, sign non-disclosure agreements, send the prospective buyers the offering memorandum and solicit indications of interest for the business.
6. Select the top offers and manage these companies through a more thorough review of the business being divested, including a formal management presentation, facilities tour and financial review.
7. Select the final offer and negotiate and close the transaction.     

When a Letter of Intent is accepted, Synxronos continues to work closely with the client through the due diligence and negotiating phases of the process, up to and including closing.

A major benefit of this process is that it creates a competitive bidding environment, leading to greater valuations for the business, as well as levels the playing field with more sophisticated buyers.