The Process: From First Call to Close (Do Diligence Confidently Ep. 3)

Permanent Podcast: Real Talk About Private Equity and Buying, Selling, and Operating Small Businesses

In Episode 3 of Do Diligence Confidnetly: Navigating the Due Diligence Process to a Deal, Emily Holdman and Tim Hanson explain what the process of entering into a partnership with Permanent Equity looks like from the introductory call to close.

THIS PODCAST IS ACCOMPANIED BY MORE DILIGENCE RESOURCES at:

https://www.permanentequity.com/diligence

CONNECT

Listen to the podcast David mentions on “How to Sell A Business in 2023” https://www.permanentequity.com/content/how-to-sell-a-business-in-2023

Want to start a conversation with Permanent Equity? https://www.permanentequity.com/contact

Sign up for a new daily newsletter from Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions

Follow founder & CEO Brent Beshore on X https://twitter.com/BrentBeshore

Sign up for our newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter

Visit https://www.permanentequity.com/ for more

TIMESTAMPS

0:00 Intro & Three Olds Talking About New Slang

1:41 Step 1: Information Gathering Conversations

3:30 Step 2: IOI (Indication of Interest Letter)

6:54 Step 3: Site Visit(s)

9:15 Step 4: LOI (Letter of Intent)

10:33 Step 5: Diligence

14:05 Step 6: The Business Deal

15:10 Step 7: Purchase Agreement

18:40 Step 8: Close (The Finish and the Starting Line)

20:22 What’s Next?

EPISODE CREDITS

Produced by David Cover

Music by Jees Guy

WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT

Visit https://www.permanentequity.com/ for more

Sign up for Permanent Playbook, our newsletter for operators in the field: https://www.permanentequity.com/newsletter

Sign up for Unqualified Opinions, a new daily newsletter from our very own Tim Hanson: https://www.permanentequity.com/unqualified-opinions

Check out our other podcast episodes here: https://www.permanentequity.com/audio

LEGAL DISCLAIMER

This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.