Grow through an acquisition

Buying a business or part of a business can speed up growth. Always plan carefully and make use of experts.

A corporate acquisition can be a strategic step towards your company’s growth. By buying another company, you can expand your operations to new geographic areas, strengthen your market position, or expand your service offerings. It can also bring new customer relationships, skilled personnel or production capacity without having to build everything from the start.

An acquisition requires careful preparation. Valuation, taxation, contracts and method of sale (whole stock or just the business or part of it?) are matters where expert assistance is usually necessary.

Discuss the matter with an expert at an early stage. You can first discuss the matter with your own accounting firm, municipality or development company’s business advisor or professional business intermediary. They can provide advice on what should be taken into account when planning the acquisition.  Get tips on what to buy from various company sale websites.

The more carefully you prepare, the more likely it is that the transfer of ownership will be successful and the transaction will benefit your company in the long term.