Hey all - I have gone through the business acquisition process with my current business, but I was a sole owner! I am currently in DD on a deal with a partner and was wondering if someone with experience partnering on a deal would mind sharing your experience. Any feedback welcome, I have a long professional relationship with this partner and want to be sure we do everything we can up front to avoid disagreements in the future that could have been avoided.
Thanks in advance!
Brett - Atlanta
Partnering on an acquisition and need advice!
by a searcher from Valdosta State University
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1. Understand each other's motivation and preferences to make sure it is aligned
2. Be clear on roles and responsibilities
3. Revisit the above points regularly to ensure it remains clear