Sell your business confidentially, at the right price.
We run the whole sale for Singapore businesses worth S$3m to S$30m. Valuation, buyer search, negotiation and completion, while you keep running the business.
Most owners sell once. Our team of advisors closes deals every year.
An owner selling for the first time negotiates against a buyer who has done it many times. That gap rarely shows up as a lower headline number. It shows up as a re-trade after diligence, an earn-out that never pays and a transition nobody agreed in writing.
You do not need more buyers. You only need the right one.
We have 20 buyers on hand looking to buy businesses in different industries. You just need 3 qualified buyers for your business. One buyer on its own is a negotiation you lose slowly.
Confidentiality by mechanism
Blind teaser, buyers screened before disclosure, NDA before your name, staged release, and a data room with per-document access.
Priced on evidence
Sector multiples, normalised earnings and actual buyer appetite, not a hopeful number designed to win the mandate.
Deals held together
Most SME deals die in diligence. We prepare the answers before the questions arrive and keep the timetable moving.
The process, stage by stage
Six to nine months from mandate to completion. Select a stage to see what happens, what we do and what is needed from you.
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01 3 to 6 weeks
Valuation and readiness
We rebuild your last three years into normalised earnings: your salary adjusted to what the role would cost, one-off items removed, personal expenses identified line by line. That figure, not your reported profit, is what any buyer works from, so it is worth establishing before anyone else does it for you. We then agree a realistic range and list what a buyer will find.
What we do
Normalisation, valuation range, a readiness list ranked by what costs you most, and a recommendation on whether to go now or prepare first.
What we need from you
Provide financial statements, management accounts, the share register, leases and key contracts. Be candid about anything untidy.
Worth knowing. This is the stage where sellers most often discover that the number in their head was the reported profit rather than the normalised one. Better here than at a term sheet.
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02 2 to 3 weeks
Teaser and info memo
Two documents. The teaser describes the business well enough to interest a buyer without identifying it: sector, scale, why it is attractive, no name and nothing that would let someone work it out. The information memorandum comes after an NDA and tells the full story, including the things you would rather not lead with, because a buyer who discovers them later reprices.
What we do
Draft both, build the buyer list, and prepare the data room structure so diligence does not start from nothing.
What we need from you
Review and approve both documents. Nothing goes out that you have not read.
Worth knowing. Confidentiality is protected by sequencing rather than by paperwork alone. The teaser is the control: it goes to many, the memorandum goes to few.
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03 6 to 10 weeks
Buyer outreach
Buyers are approached in parallel rather than one at a time, which is the whole point of running a process. One buyer negotiating alone sets the price and has no reason to move. Several buyers working to the same timetable produce a market view of what your business is worth, which is usually a different number.
What we do
Approach, screen, handle NDAs, manage information release, and run the timetable so offers arrive together rather than scattered.
What we need from you
Meet the buyers who qualify, usually a handful. Keep running the business, which matters more than it sounds: a dip in trading during the process is visible and expensive.
Worth knowing. Owners underestimate how much attention a process takes. That is the argument for having an advisor run it, not the fee.
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04 3 to 5 weeks
Offers and negotiation
Offers are compared on three axes, not one. Price is the obvious one. Structure decides how much you actually receive and when, since a high headline with half deferred against an earn-out may be worth less than a lower figure paid at completion. Certainty is whether the buyer can fund it and will still be there in three months.
What we do
Compare offers on a like-for-like basis, negotiate terms, and document the agreed position in a term sheet before lawyers are engaged.
What we need from you
Decide what matters besides price: how long you will stay, whether staff continuity is a condition, how much risk you will carry in deferred consideration.
Worth knowing. The term sheet is where the deal is really decided. Points conceded here are very hard to recover once the legal drafting starts.
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05 8 to 12 weeks
Due diligence and close
The buyer's accountants and lawyers verify everything asserted so far. Financial, legal, tax and commercial workstreams run in parallel. This is the longest stage and the one most likely to overrun, almost always because a document does not exist yet rather than because anyone is slow.
What we do
Run the data room, coordinate advisers, keep the timetable moving, and handle the findings that would otherwise become price reductions.
What we need from you
Answer questions promptly and keep trading well. Deal fatigue is real, and buyers notice when a seller disengages.
Worth knowing. Unstamped share transfers, missing landlord consents and change-of-control clauses in supplier agreements are the three findings that most often delay completion. All three are fixable in stage one.
What it costs
Transparent engagement fee based on success only milestones. 1% to 5%, no upfront fee, S$100,000 minimum. Set out in writing before you commit.
Success only, 1% to 5%
Transparent engagement fee based on success only milestones. You pay a percentage of the transaction value when the deal completes, and nothing before that.
No upfront fee
No retainer, no listing fee, no charge for preparing the valuation, the teaser or the information memorandum. A business that does not sell costs you nothing but time.
S$100,000 minimum
Stated plainly because it matters: the minimum means the effective rate rises below about S$2m of transaction value. Under that we are poor value, and we will tell you so rather than take the mandate.
Third-party costs are yours
Your lawyer, your accountant and stamp duty are paid by you directly. We tell you what to budget at the outset rather than at completion.
Questions owners ask first
What does it cost to sell through you?
Transparent engagement fee based on success only milestones. 1% to 5%, no upfront fee, S$100,000 minimum. The minimum means the effective rate rises below about S$2m of transaction value, so we are poor value under that and will say so rather than take the mandate.
Will my staff, customers or competitors find out?
Not from us. Buyers first see an anonymous teaser. Your company name is only released after a signed NDA and your approval, buyer by buyer.
Is my business too small for you?
We advise on businesses from about S$1m in value, with most work between S$3m and S$30m. If yours is smaller, the valuation tool still gives you a range and a preparation guide.
How long does a sale take?
Typically six to nine months from mandate to completion. Preparation before going to market is what most affects the timeline and the price.
Do I need to stay after the sale?
Usually a handover of 6 to 12 months. How long, and on what terms, is negotiated as part of the deal. Low owner dependency shortens it.
Thinking about selling in the next two years?
A confidential 30 minute call. We tell you what your business is likely worth and what to fix first.