BishopKnight LLC.

Divestiture Process

In order to maximize value, it is very important that the divestiture process be thoughtfully organized. BishopKnight LLC. has the experience and expertise to facilitate an efficient and orderly divestiture process. Each step in the process presents opportunities and risks that have a direct bearing on the final price.

All sellers should:

Develop Exit Strategy

Identify objectives and timeline

  Research the marketplace

  Prepare operations to maintain positive trends and profitability

Determine Enterprise Value

  Recognize key value drivers

  Collect and analyze data

  Get a third party valuation

Bring to Market

  Develop and qualify all viable prospects

  Execute Confidentiality Agreements

  Narrow the field

Letter of Intent

  Analyze written offer (price and terms)

  Propose counter offer if necessary

  Buyer conducts due diligence

Definitive Purchase Agreement

  Use qualified transaction attorney and tax advisor

  Plan transition using management agreement, non-compete, etc.

 Open, Close and Fund

  Open Escrow

  Close Escrow

  Wire Funds