Our firm has been selling Greater Cincinnati companies for over 30 years. We understand the right way to prepare a business for its sale – and the proper procedures to accomplish a sale without employees, customers or competitors finding out.
We try to take the extra step which sets us apart. We provide a written valuation so that the seller can get a good understanding of the range of value that can likely be achieved upon a sale. We follow strict procedures to maintain confidentiality. We utilize over 90 different national, regional and local websites to attract buyers. We assist the buyer in obtaining financing once a deal has been agreed upon. We coordinate due diligence and closing with the seller, the buyer, their attorneys and accountants, and the bank.
Accurate information is important. We perform preliminary due diligence to make sure the information (we call a “Confidential Business Review” – a “CBR”) that is provided to buyers is accurate. This information package allows buyers to fully understand and analyze the business. This reduces the seller’s time required in the complete process of selling his or her business to usually 10-20 hours. The buyer appreciates the CBR because it allows a quick decision of whether the business fits his parameters and needs.
It is important to emphasize that buyers only receive generic information on a business until they have satisfied disclosure requirements and been approved to receive the “CBR”. Maintaining confidentiality is one of our key strengths.
While we receive compliments from sellers, buyers, and bankers all the time on our procedures and documentation, a recent unsolicited paragraph in a letter (and offer) from a buyer possibly says it all:
First, I would like to compliment you on having such a professional package to provide to potential buyers. I look at many businesses each month. Rarely have I received a package as clear and all inclusive as yours. Your package gave me all of the data I needed to make a decision. I can honestly say this is a first. I usually have to ask many questions of the seller/broker.
Additional testimonials from just a few of over 850 clients who we have successfully sold their company in a very confidential manner.
I was shocked at how quickly my business sold. Within two weeks of “going to market”, I had an offer at the asking price. The entire process went exactly how Keate Partners described, only much quicker. The services I received from Keate Partners were thorough and professional. I would recommend Keate Partners to any business owner wanting to sell his or her business
When we made the decision to explore selling our business, we interviewed several well regarded candidates, including Keate Partners. Their approach was straight forward, which was impressive since the particulars of our sale were complex. They laid out the steps of a sale, focusing on the process we would go through to find a potential buyer, negotiate the contract and guide us through the closing process.
I would recommend them without hesitation to anyone interested in selling or merging their business.
My attorney, Mark Fitch recommended I meet with Keate Partners because I wanted to sell my business. After our first meeting, I immediately trusted and liked the associates at Keate Partners.
They found a South Korean company who offered to buy my business and real estate. The next 4 months were very challenging as the South Koreans performed their due diligence. The language barrier and cultural differences were a challenge but Keate Partners teamed with my accountant and attorney to resolve all the issues and get the deal closed on the last day of the year.
I enjoyed working with the people at Keate Partners and would recommend them to anyone wanting to sell their business.
I was very pleased and impressed with the highly professional services provided by Keate Partners in connection with the successful and timely sale of my client’s business and related real estate.
I was very happy with Keate Partners handling of the sale of my business. I accepted an offer the first week they began marketing. They kept me informed as the process evolved.
Keate Partners helped me get my loan and provided everything I wanted for due diligence.
When we made the decision to explore selling our business, we interviewed several well regarded candidates, including Keate Partners. Keate Partners’ approach was straight forward, which was impressive since the particulars of our sale were complex. They laid out the steps of a sale, focusing on the process we would go through to find a potential buyer, negotiate the contract and guide us through the closing process.
Their professional steadfast advice was supportive and capable in dealing with the other parties involved in selling a business. I was always able to reach their team when an important decision or question arose. Keate Partners effectively navigated us through the waters surrounding the sale. I would recommend them without hesitation to anyone interested in selling or merging their business.