Investor NDA

searcher profile

June 17, 2024

by a searcher from Johns Hopkins University in Orlando, FL, USA

Hello All,

I am looking at a heavy towing business in New England, and the brokers are asking for an NDA from the investor as well as from me as the searcher.

Any investors willing to do so? In my experience a lot of investors find this step to be an annoyance.

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commentor profile
Reply by a professional
from Dartmouth College in Los Angeles, CA, USA
Depends on their involvement. If they are just looking at a pitch deck or marketing materials they likely won't sign one, but if you are signing an LOI and you will be sharing financials and tax returns and other more proprietary documents then it is reasonable. Usually your NDA will contain a requirement that you obtain the NDA from them and your representatives, which is probably what you can offer in response.
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