ACQUISITION PROCESS

Your path to
acquisition

Our acquisition process is transparent and smooth. We believe in face-to-face conversations and old-fashioned handshakes. We strive to be as fast and pragmatic as possible, and if you are happy with our offer, we can close the deal in around 3 months.

ACQUISITION PROCESS

Your path to
acquisition

ACQUISITION CRITERIA

What we
look for

An experienced
partner

You and your team are experts in your field
Your team is engaged and committed to improving every day
You are willing to continue your mission or shape a succession plan with us

A solid
foundation

You offer mission-critical software to your clients
Software is your core and you own your IP
Strong customer relationships confirmed by strong retention and satisfaction metrics

Growing and
profitable

You demonstrate a history of profitability and growth
You build on a high contribution of recurring revenue
You service a mature and growing client base

Acquisition process

What to expect when selling your business

Getting to know each other

We want to develop a relationship, understand your business, share more about Everfield, and gather initial information.

We will:

Conduct an introductory call
Understand the problems your software solves
Sign a non-disclosure agreement (NDA)
Collect company and financial information

If there is a mutual fit, we will provide an indicative valuation.

Conducting due diligence

Once the LoI is signed, our team guides you through our due diligence process, from preparation to successful closing.

The typical due diligence process lasts around 3 months and covers financial, tech, legal, and tax topics. This includes drafting the purchase agreement. We'll also discuss potential ideas for growing your business based on what we’ve learned about your company.

Growing the business together

As soon as a deal is closed, we officially start working together.

We’ll support you by professionalising your back-office and providing support in finance, accounting, and HR, while you get on with running the core of your business.

Substantiating the offer

This stage assures we take sufficient time to answer all questions and reach a mutual agreement concerning what will happen next.

This typically includes:

Additional meetings with you / your team about your organisation and software
Issuing a Letter of Intent (LoI) outlining all key commercial terms to be reflected in the purchase agreement

Closing the transaction

Time to celebrate! This is the final step of the sale process. We will officially welcome you to the Everfield ecosystem.

We will:

Finalise all contracts
Sign the purchase agreement
Transfer the funds and officially close the transaction

Getting to know each other

We want to develop a relationship, understand your business, share more about Everfield, and gather initial information.

We will:

Conduct an introductory call
Understand the problems your software solves
Sign a non-disclosure agreement (NDA)
Collect company and financial information

If there is a mutual fit, we will provide an indicative valuation.

Substantiating the offer

This stage assures we take sufficient time to answer all questions and reach a mutual agreement concerning what will happen next.

This typically includes:

Additional meetings with you / your team about your organisation and software
Issuing a Letter of Intent (LoI) outlining all key commercial terms to be reflected in the purchase agreement

Conducting due diligence

Once the LoI is signed, our team guides you through our due diligence process, from preparation to successful closing.

Closing the transaction

Time to celebrate! This is the final step of the sale process. We will officially welcome you to the Everfield ecosystem.

We will:

Finalise all contracts
Sign the purchase agreement
Transfer the funds and officially close the transaction

Growing the business together

Working with the Fitfactory team

Fitfactory helps factories become leaner, fitter and more productive using enterprise resource planning (ERP) software which is informed by real-time business intelligence. With over 25 years' industry expertise, they're supporting the digital transformation of more than 400 manufacturers.

“While crafting our 5-year plan, we were encouraged to challenge conventional thinking, and our entire team fully embraced this approach. Future planning and growth was a key aspect that excited us about this acquisition, and I'm pleased to say that it has exceeded our expectations.

 We are very enthusiastic about the future potential of our company, and our partnership with Everfield.”

Jason Pritchard
CEO, Fitfactory

Working with the Fitfactory team

 We are very enthusiastic about the future potential of our company, and our partnership with Everfield.”

Contact our acquisitions team

Henning Schreiber

Head of Acquisitions

Let's find out if Everfield is the right place for your business.

Get in touch

Henning Schreiber

Head of Acquisitions

Your path toacquisition