What Happens After the Sale of a Business?
hosted by: David Mariano, Director and head
of the firm’s Buy-Side advisory practice
What Happens After the Sale of a Business?
What happens after the dust has settled? Can I just walk away once the deal is closed? What if I change my mind? Get the answers to these questions and others to better understand what happens after the sale of a business.
This week we are digging into Chapter 15 of The Mergers & Acquisitions Playbook, by Mark Filippell. This chapter is all about what happens during and after closing the sale of a business.
Key questions in this episode:
* What actually happens during a closing?
* When does the deal become final?
* What is a seller’s role after closing?
* Why should a seller remain involved for a period of time after the deal has closed?
* When should a seller begin planning for taxes and charitable giving?
* How much time can a seller expect to spend on the lingering details of the closing (at 15:32)?
Key points in this episode:
* Some guidelines of etiquette after a closing.
* Beware post-closing hubris.
* Why the seller should do everything humanly possible to help the buyer through the announcement and ownership transition.
* The one thing you don’t want to do (at 07:20).
* How to prepare for State and local taxes.
* How to enjoy yourself after the sale.
Resources mentioned in this podcast
* Click here for access to training and templates
* The Mergers & Acquisitions Playbook, by Mark Filippell
Listen to Fully Invested below: