A successful partnership was recently formed when Ed Gardner of Descartes led the acquisition of GroundCloud, founded by David Leland. They both discuss the acquisition process, from David’s decision to look for a partner to Descartes’ decision to make an offer. This discussion walks through the process from management presentations through the offer stage, due diligence, closing, and post-closing, with tips, advice, and insight into the thought processes that went into each stage of the acquisition.

View the complete show notes for this episode.

Learn More:

• Tips on Preparing Your Business for Sale
• 7 Steps to Sell a Business Fast
• Strategies for Maintaining Confidentiality
• M&A Due Diligence | Checklist & Overview
• M&A Basics: The Letter of Intent

Additional Resources:

• Download a free pdf copy of The Art of The Exit: The Complete Guide to Selling Your Business.
• Purchase your copy now of A Beginner’s Guide to Business Valuation | The Exit Strategy Handbook | Closing the Deal | Acquired
• Planning to sell your business? Schedule a free consultation today.
• To suggest guests, topics, or questions for future podcast episodes, contact Morgan & Westfield.

Listen to Other Episodes:

• An Insider’s Perspectives on Growing a Business Through Acquisitions
• How to Get the Highest Price for Your Company
• How to Plan the Sale of Your Business from Start to Finish