Our Business Brokerage Services
At a high level, ProNova Partners provides pricing, marketing, negotiation, and closing coordination services in order to sell and transition your business to a new owner. For these services, ProNova will be paid a success fee in an amount based on the total consideration paid for the purchase of the business or assets.
Honesty And Integrity
From the beginning of our partnerships with each of our clients we will give a candid assessment of the opportunity. As a firm we strive to uphold the highest level of honesty and integrity, not only on behalf of ourselves, but also on behalf of our clients. We will not act or agree to participate in any behavior that compromises this core value.
Exceed Expectations
As an organization we strive to exceed client expectations no matter the nature of our partnership. Relentlessly focused on building our reputation, not relying on it.
Results
As a firm we establish partnerships with each of our clients that places personal attention on the success of their goals. We are not afraid to advise against a transaction that is not in our client’s best interest and will tirelessly pursue and execute those that are.
Flexible Approach
Often the M&A process is confounding and potentially stressful. ProNova Partners recognizes that every client has unique and diverse characteristics. As a result, our services are tailored to fit the specified requirements of each client to ensure their success. We provide constant feedback and updates so you are apprised of the status of your transaction.
Agency
If you hire us as your broker, we will represent you as a seller’s agent. A seller’s agent (or listing agent) works solely on your behalf to promote your interests with the utmost good faith, loyalty and fidelity. The sellers agent negotiates on behalf of and acts as an advocate for the seller. The seller’s agent must disclose to potential buyers all adverse material facts actually known by the seller’s agent about the property. A separate written listing agreement is required which sets forth the duties and obligations of the broker and the seller.
Scope of Work
Our usual brokerage assignment will consist of five phases: information gathering, pricing, marketing, negotiation, and closing. During each of these phases a number of tasks will be completed by us. An owners timely response to our requests for information, meetings, and attention is essential for the successful conclusion of the engagement.
Closing the Transaction
We act as the interface between you and your attorney, account, or other advisor and the buyers advisors. Our virtual data room will be used as a repository for all necessary documents during the due diligence phase. We will gather all requests for documentation requested by the buyers attorney or the bank and assist you in organizing and transmitting them to the appropriate party. We will track the progress of the due diligence and closing process to make sure all of the details ate accounted for.
After the closing, we follow-up with you, the buyer, and the closing attorney to make sure the transaction is properly concluded and the transition happens in a timely manner.