Gunster Shareholder Joe Chase recently authored an article published in the Daily Business Review, discussing how business owners can be proactive in anticipating and preparing for sellers' due diligence requests.
In the article, Chase highlights the 10 areas that potential buyers typically focus on in their due diligence requests: organizational and governance documents; capitalization; contracts; indebtedness; real estate; intellectual property and information technology; litigation; labor and employment; insurance; and other regulatory and compliance considerations. Chase suggests that business owners comprehensively respond to due diligence request lists in a timely and organized fashion.
"Business owners can help streamline this process by taking time, prior to going to market, to organize the materials that potential buyers are likely to request," he explains.
Joseph Chase is dedicated to serving as a trusted advisor to business owners, private equity firms, companies in a wide range of industries, and other clients. He represents clients in connection with sales and purchases of businesses and general business and corporate matters.
Joe represents companies at every stage in their development. From working with entrepreneurs as they form new ventures to handling sales of companies with transaction values ranging from $1 million to over $1 billion, Joe is committed to working with business owners to identify the critical legal issues that matter to their companies, with a focus on implementing intelligent, efficient and practical solutions. He seeks to draw upon and leverage the experience of Gunster’s 200+ lawyers in order to assist business owners and other clients with the wide variety of legal issues they encounter.
