Month 2: Comprehensive Due Diligence & Letter of Intent
- Delve deeper into financial data.
- ATI reviews summarized business insights and presents findings to its board.
- Development and presentation of the Letter of Intent (LOI) to the prospective seller.
- Negotiate and execute the LOI.
- Commence the thorough Quality of Earnings assessment and other due diligence processes.
Month 4: Agreement Finalization & Key Employee Engagement
- Finalize the DPA terms and ensure mutual agreement.
- Conduct an on-site meeting with 2-8 critical non-owner employees.
- Prepare for the deal's closure, ensuring all legal and financial aspects are in place.