Non Disclosure Agreement

by a searcher

1 year ago

Hello Searchers. 

I am wondering if I should ask the Banks I am speaking with to sign non disclosure agreements?
I feel that they should keep everything confidential because its the nature of their job, but should
I also ask that they sign an NDA or is that overkill in the searcher/M&A space?

Thank you

2 likes
263 views
37 comments

searcher from University of Oklahoma

Don't let it slow down a process in legal since time kills deals but not a bad idea as know there is likelihood of seriously proceeding

1 year ago | like reply | 0 likes

searcher

Any time you can have a potential partner in a deal sign an NDA is a good thing. Nothing bad will come from it. There is definitely a change that a bank will push back and not sign an NDA but if you don't ask, you won't get. It never hurts to ask. If they refuse to sign it, you can then decide if you're willing to accept that and still move forward.

1 year ago | like reply | 0 likes

More on Searchfunder

Just Closed on My First Deal! Reflections and Takeaways for other Searchers

45,152 transactions are available on Searchfunder (now searchable by keyword)

Now everyone has unlimited IBISWorld access

Family office looking for traditional searchers

Examples of self-funded searcher websites

Investor seeking Self-Funded Search Deals

What are market terms for Seller Notes?

2 Best Ways To Find Motivated Sellers, Off-Market Deals

Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.

We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.