Are You Looking To Sell Your IT Services Company? Let’s Chat!
If you are looking to sell your IT Services company we are interested in talking to you. We are always looking to acquire UK IT Services businesses.
Get in touch with us today! – You will be dealing directly with us (No brokers)
Please fill in the form below
What are the steps to selling your IT Services company to Pickaweb?
1 – Get In Touch With Us
If you are looking to sell your IT Services company in order to get the ball rolling please fill in the form above.
You will be dealing with us directly. We are not a broker.
The advantage of working with us directly is that there are no broker’s fees. Often these can be a significant percentage of the final transaction so whatever is agreed is for you and you alone.
2 – We Will Get Back To You With a Response
Once we receive your information we will let you know very quickly If we are interested. Try to provide as much information as possible about the business to help us understand the situation. Provide information such as annual turnover, reason for selling and a general description of the business.
3. We Will Sign An NDA
If we are interested in your IT Services company we will sign an NDA (Non-Disclosure Agreement).
Following the signing of an NDA you can disclose more detailed financial and legal information to enable us to better understand your IT Services company.
Whilst an NDA does not demonstrate intent to proceed with a purchase, it does allow both of us to share information confidentially so that both parties can determine if an opportunity exists.
4. You Will Need To Send Us Financial and Legal Information
We will need to find out more about the financials of your IT Services company in order to find out more about the health of the company.
As well as providing copies of annual reports submitted to Companies House we would need to understand more about how the business operates.
Information on customers, products and services, assets, suppliers and staff will be required so we have a detailed understanding of the business.
We would also need copies of bank statements and any outstanding creditors and tax liabilities.
We also need to understand more about the legal position of the company such as the contracts that you have with suppliers and the ownership of the company such as the major shareholders and their percentages.
5. We Will Send You A Business Sale Offer
If we are interested in buying your IT Services company we will send you a business sale offer.
6. Offer Approval & Business Sale Completion
Once you have approved your offer we do move very quickly.
If you are interested in selling your IT Services company to Pickaweb get in touch today.
Contact us using the form above.