
The process of two companies coming together is called a merger or acquisition.A merger is the coming together of two independent businesses to form a single, unified entity. An acquisition is the process by which one business acquires another and incorporates it into its own.
Growing your company through an acquisition or merger necessitates careful planning and preparation. Establishing your business goals is the first step towards completing a successful deal. You might be trying to find:After you've decided what your objectives are, assemble a group of professionals to guide you through the process.
Establish a timeframe for the merger or acquisition after you've assembled your team of experts, which should include your accountant, lender, valuation specialist, and legal counsel. This team will walk you through every step of the process and assist you in determining whether the transaction is financially possible. A successful merger or purchase happens in four stages: