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M&A Process Overview

The Buyer Journey

A structured, seven-step process — from first contact to successful transition

1
Teaser
Initial Outreach
  • Stellaxis distributes a short, anonymous overview to a curated list of qualified buyers
  • Business identity not disclosed — key metrics shared in summary form only
2
NDA
Confidentiality
  • Interested buyers execute a Non-Disclosure Agreement before receiving any confidential materials
  • NDA covers deal materials, business identity, and non-solicitation of employees
3
CIM + Stage 1
Data Room
Information Release
  • Full CIM released — business overview, financials, team structure, and growth narrative
  • Stage 1 data room includes operations and key valuation information
4
LOI
Letter of Intent
  • Buyers submit LOIs with proposed purchase price, deal structure, and key conditions
  • Stellaxis reviews all LOIs with you and provides a side-by-side comparative analysis
5
Full Data
Room Access
Due Diligence
  • Complete data room unlocked — legal, HR, leases, equipment, insurance, and operations
  • Interview sellers — buyer meets with ownership to validate operations, culture, and key relationships
  • Buyer’s legal and accounting teams conduct formal due diligence; lender review runs in parallel
6
Closing
Final Agreement
  • Definitive Purchase Agreement finalized — price, working capital, and reps & warranties confirmed
  • Legal closing executed — ownership transfers, funds released, and deal completion
7
Transition
Up to 3 Months
  • Structured handover period to keep the engine running — operations, staff, and customer relationships maintained seamlessly
  • Remove headaches for the new buyer to maximize value and minimize risk through knowledge transfer, vendor introductions, and process documentation
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