The M&A Timeline

  1. Contact the business owner.
  2. Send/receive a Teaser
  3. Sign a NDA (Non Disclosure Agreement)
  4. Handle any post-closing adjustments and integration.
  5. Submit/solicit an indication of interest (IOI).
  6. Conduct management meetings.
  7. Ask for or submit a letter of intent (LOI).
  8. Conduct due diligence.
  9. Write the purchase agreement. APA / SPA
  10. Close the deal.
  11. Handle any post-closing adjustments and integration.