Active Business Broker Buyer Representation
Are you serious about acquiring a business? Codiligent's Active Buyer Representation is like having an outsourced Mergers and Acquisitions department. If you are a buyer who engages Codiligent business brokers to provide active representation, our fiduciary responsibility is to you, not the seller. Whether you are an individual conducting a search of advertised businesses in a single city, or you run a large company that is looking for a specific type of strategic acquisition that requires a national search of advertised and non-advertised businesses, Codiligent business brokers can provide that service so that you can devote your time to the things you do best, and outsource your business acquisition activities. From our locations in Seattle, Washington and Portland, Oregon we conduct national searches for businesses, and can provide remote business broker services.
Business buyers who seek this type of representation should be prepared to pay a reasonable monthly retainer as part of Codiligent's compensation.
Codiligent business brokers recognize that the ideal business for an acquirer may never be publicly listed for sale. A comprehensive search increases the likelihood of finding an appropriate business acquisition. Two primary methods of search are conducted:
1. Search of Current Actively Marketed Businesses. This may include monitoring web-based ads and contacting other national or Oregon business brokers and investment banks.
2. Search for Appropriate Businesses That Aren’t Being Actively Marketed. Codiligent conducts research of companies that may meet a client’s criteria. This may include perusing press releases, SEC filings for possible divestiture candidates, utilizing advanced company web search tools, and contacting industry insiders. A list of potential sellers is developed based on this research. Potential identified sellers are then contacted by Codiligent business brokers to explore interest in a sale.