Acquisition Search Services

"The key to a successful acquisition is the early identification of suitable targets"

As specialist Business Brokers and Business Transfer Agents, Andon Frères continuously networks with accountants, solicitors, business brokers, bankers and corporate finance professionals. Through these contacts, subscription to specialist publications and on-line directories, and continuous researching, we locate companies that are for sale, considering a sale, or "open to approaches and therefore well placed to provide acquisition search services for clients"

We offer clients service levels to suit their individual requirements:

Introduction Only Searching Service

Involves obtaining details of the client's acquisition criteria, undertaking regular searching of the market and networking with other firms of advisors to locate companies for sale ("Targets") that meet the client's criteria. We organise confidentiality documentation and the provision of further information then hand over to the client to take things further.

Search Service Plus

Includes the above plus ... evaluation of information and accounts, consideration of valuations and advice on deal structures, formulating indicative offers, negotiations with vendors' advisers, and compilation of Heads of Agreement.

Bespoke Searching Service

Intended for clients with a more specific acquisition requirement. After determining the client's acquisition strategy and key criteria, we undertake dedicated sector research to locate companies (not on the market) that are potential Targets. From this, we send approach letters and undertake discreet follow up enquiries to determine whether they might be receptive to an acquisition approach. We then arrange confidentiality documentation and organise exploratory meetings, etc.

In relation to fees, with the exception of a nominal monthly commitment fee, we provide our Introduction only and Standard Searching Services on a success fee only basis. With regard to our Bespoke Searching service, we charge an initial retainer to cover the direct costs of the searching, plus a success fee. Any commitment fees or retainer paid is deducted from our success fee.

Once a target has been identified and a deal agreed, we are available, if required, to provide a range of Acquisition Support Services, but understand if clients wish to work with their existing advisers.