{"id":7915,"date":"2019-01-10T08:19:57","date_gmt":"2019-01-10T08:19:57","guid":{"rendered":"https:\/\/www.austinshortfilm.com\/blog\/mergers-and-acquisitions-a-comprehensive-overview-of-the-ma-process\/"},"modified":"2019-01-10T08:19:57","modified_gmt":"2019-01-10T08:19:57","slug":"mergers-and-acquisitions-a-comprehensive-overview-of-the-ma-process","status":"publish","type":"post","link":"https:\/\/www.austinshortfilm.com\/tech\/mergers-and-acquisitions-a-comprehensive-overview-of-the-ma-process\/","title":{"rendered":"Mergers and Acquisitions: A Comprehensive Overview of the M&amp;A Process"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"480\" height=\"270\" src=\"\/\/www.youtube.com\/embed\/LpgBGO0aO-Y\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p>#mergersandacquisitions #corporatelaw #business<br \/>\nhttp:\/\/cenkuslaw.com<br \/>\nhttp:\/\/braatenwoods.com<\/p>\n<p>Mergers &#038; Acquisitions (commonly referred to as M&#038;A) is often considered a fast-paced, exciting niche of corporate law. And, it is. I love the work I do and my role in M&#038;A deals. It&#8217;s apparent to me others find this line of work interesting as well, particularly following the response to my most popular M&#038;A 101 video found here:<\/p>\n<div class=\"jetpack-video-wrapper\">\n<div class=\"newsmag-video-container\"><iframe loading=\"lazy\" width=\"600\" height=\"338\" src=\"https:\/\/www.youtube.com\/embed\/WBHzCDgEtVQ?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<\/div>\n<p>So, this is a follow-up to that video, with a greater focus on the process you can expect as a buyer or seller of a business as you continue your merger or acquisition.<\/p>\n<p>This video touches on all aspects of M&#038;A: deal structures, the key players, the motivations for performing a merger or acquisition, considerations from the perspective of the buyer and the seller, and more &#8211; most of which I&#8217;ve discussed in my other videos.<\/p>\n<p>Here&#8217;s a quick rundown in case you want to jump ahead:<br \/>\n0:53 &#8211; Step 1: Valuation of your company<br \/>\n2:51 &#8211; Step 2: Prepping for due diligence<br \/>\n7:14 &#8211; Step 3: Assemble your team<br \/>\n10:04 &#8211; Step 4: Plan the selling process<br \/>\n11:13 &#8211; Step 5: Finding a buyer<br \/>\n14:25 &#8211; Step 6: Signing a Nondisclosure Agreement (NDA)<br \/>\n15:02 &#8211; Step 7: Basic due diligence<br \/>\n15:44 &#8211; Step 8: Laying out basic terms in a Letter of Intent (LOI)<br \/>\n18:31 &#8211; Step 9: Intensive due diligence<br \/>\n21:52 &#8211; Step 10: Document the deal with a Purchase Agreement<\/p>\n<p>So, take a look and leave any questions in the comments below. As always, feel free to contact me directly as this is what I do and I&#8217;m happy to help if I can.<br \/>\n_____________________________________________<\/p>\n<p>For a deeper dive into  and other legal issues vital to the success of your deals and your business, visit me at:<br \/>\nhttp:\/\/www.cenkuslaw.com<\/p>\n<p>Just starting up? Check this out for my advice on startup success: http:\/\/www.thestartupshepherd.com.<\/p>\n<p>You can also reach me at:<\/p>\n<p>https:\/\/www.linkedin.com\/in\/brettcenkus<\/p>\n<div class=\"newsmag-video-container\"><a class=\"twitter-timeline\" data-width=\"600\" data-height=\"900\" data-dnt=\"true\" href=\"https:\/\/twitter.com\/bcenkus?ref_src=twsrc%5Etfw\">Tweets by bcenkus<\/a><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/div>\n<p>http:\/\/www.cenkuslaw.com<\/p>\n<div class=\"newsmag-video-container\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"gYmuMViS0N\"><p><a href=\"http:\/\/www.cenkus.com\/\">Home<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" src=\"http:\/\/www.cenkus.com\/embed\/#?secret=gYmuMViS0N\" data-secret=\"gYmuMViS0N\" width=\"600\" height=\"338\" title=\"&#8220;Home&#8221; &#8212; Brett Cenkus\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/div>\n<p>_______________________________________________<\/p>\n<p>About me:<\/p>\n<p>My 20+ years of experience in business finance, business law and entrepreneurship have led me to believe that numbers and logic are awesome tools, but understanding human nature and emotions is the first step to business success. <\/p>\n<p>The Cenkus Law Firm provides services related to mergers &#038; acquisitions, general business issues and startups, including founders&#8217; agreements and fundraising. I also consult with entrepreneurs and have invested my own capital as an angel investor.<\/p>\n<p>From 2010-2013 I served as Chief Legal Counsel of a publicly-trade international oilfield services company. From 2001 to 2006 me and a partner founded and built Paragon Residential Mortgage. Paragon was sold to Bridge Investments in 2006. <\/p>\n<p>I hold a Juris Doctorate from Harvard Law School and a Bachelor of Arts degree in Economics from Messiah College in Grantham, Pennsylvania. <\/p>\n<p>Now, I live in Austin, TX with my wife and two kids. I enjoy reading, running, classic movies, great food and wine and some great American football.<\/p>\n<h3>More info on Mergers and Acquisitions: A Comprehensive Overview of the M&#038;A Process<\/h3>\n<div class=\"ss-local-rss\"><div class=\"rss_header\"><h2><a href=\"https:\/\/www.bing.com\/news\/search\/?q=Mergers+and+Acquisitions%3A+A+Comprehensive+Overview+of+the+M%26A+Process&amp;qft=sortbydate%3D%221%22&amp;format=rss\" rel=\"nofollow\" class=\"rss_title\">Mergers and Acquisitions: A Comprehensive Overview of the M&A Process - BingNews<\/a><br \/><span class=\"rss_description\"> Search results<\/span><\/h2><\/div><ul>\n            <li>\t\t\t\t<span class=\"title\">\n\t\t\t\t\t<a href=\"http:\/\/www.bing.com\/news\/apiclick.aspx?ref=FexRss&amp;aid=&amp;tid=6633db38473249619e88de46c981b030&amp;url=https%3A%2F%2Fwww.jdsupra.com%2Flegalnews%2Fnavigating-immigration-challenges-in-3644923%2F&amp;c=12614510774127935931&amp;mkt=en-us\" rel=\"nofollow\">\n\t\t\t\t\t\tNavigating Immigration Challenges in Corporate Mergers and Acquisitions\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t<div>\n\t\t\t\t\t<p>In the intricate processes of mergers and acquisitions, the focus often lands ... transition and compliance with immigration laws post-M&amp;A. Immigration compliance should be a priority during the M&amp;A ...<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/li>\n            \n            <li>\t\t\t\t<span class=\"title\">\n\t\t\t\t\t<a href=\"http:\/\/www.bing.com\/news\/apiclick.aspx?ref=FexRss&amp;aid=&amp;tid=6633db38473249619e88de46c981b030&amp;url=https%3A%2F%2Fseekingalpha.com%2Farticle%2F4687346-ligand-buy-this-pharma-royalty-aggregator-generate-growth-your-portfolio&amp;c=8530723746954982221&amp;mkt=en-us\" rel=\"nofollow\">\n\t\t\t\t\t\tLigand: Buy This Pharma Royalty Aggregator To Generate Growth In Your Portfolio\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t<div>\n\t\t\t\t\t<p>Royalty aggregators like Royalty Pharma, Ligand, and XOMA are revolutionizing biotech by providing upfront cash for R&amp;D. Read more on LGND stock here.<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/li>\n            \n            <li>\t\t\t\t<span class=\"title\">\n\t\t\t\t\t<a href=\"http:\/\/www.bing.com\/news\/apiclick.aspx?ref=FexRss&amp;aid=&amp;tid=6633db38473249619e88de46c981b030&amp;url=https%3A%2F%2Fwww.watoday.com.au%2Ftopic%2Fmergers---acquisitions-1mpf&amp;c=9914337920554632156&amp;mkt=en-us\" rel=\"nofollow\">\n\t\t\t\t\t\tMergers &amp; acquisitions\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t<div>\n\t\t\t\t\t<p>Changes aimed at stopping oligopolies becoming more entrenched through mergers make sense. Just don\u2019t hold your breath for lower prices as a result.<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/li>\n            \n            <li>\t\t\t\t<span class=\"title\">\n\t\t\t\t\t<a href=\"http:\/\/www.bing.com\/news\/apiclick.aspx?ref=FexRss&amp;aid=&amp;tid=6633db38473249619e88de46c981b030&amp;url=https%3A%2F%2Fwww.law.com%2F2024%2F04%2F17%2Flawyers-see-positive-outlook-for-mergers-acquisitions-in-australia-292-181112%2F&amp;c=11173944049928348151&amp;mkt=en-us\" rel=\"nofollow\">\n\t\t\t\t\t\tLawyers See Positive Outlook for Mergers &amp; Acquisitions in Australia\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t<div>\n\t\t\t\t\t<p>increase their scrutiny of M&amp;A deals. Mergers and acquisition activity in Australia is likely to pick up this year as U.S. investors continue to buy up assets, lawyers say. But acquirers will have ...<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/li>\n            \n            <li>\t\t\t\t<span class=\"title\">\n\t\t\t\t\t<a href=\"http:\/\/www.bing.com\/news\/apiclick.aspx?ref=FexRss&amp;aid=&amp;tid=6633db38473249619e88de46c981b030&amp;url=https%3A%2F%2Fmedcitynews.com%2F2024%2F04%2Fmerger-acquisition-hospital-healthcare%2F&amp;c=51536421803961373&amp;mkt=en-us\" rel=\"nofollow\">\n\t\t\t\t\t\tHospital M&amp;A Activity in 2024: What to Expect\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t<div>\n\t\t\t\t\t<p>The first quarter of 2024 saw a significant rise in M&amp;A activity ... s acquisition of Geisinger, he said. Health systems will also be on the lookout for large cross-market merger opportunities ...<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/li>\n            \n            <li>\t\t\t\t<span class=\"title\">\n\t\t\t\t\t<a href=\"http:\/\/www.bing.com\/news\/apiclick.aspx?ref=FexRss&amp;aid=&amp;tid=6633db38473249619e88de46c981b030&amp;url=https%3A%2F%2Fwww.franchisetimes.com%2Ffranchise_mergers_and_acquisitions%2Flarge-sonic-operator-adds-zaxby-s-with-acquisition-of-legacy-business%2Farticle_d4cc9f78-fda8-11ee-8f6c-e32aeb0262a8.html&amp;c=10585084877778745117&amp;mkt=en-us\" rel=\"nofollow\">\n\t\t\t\t\t\tLarge Sonic Operator Adds Zaxby\u2019s With Acquisition of Legacy Business\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t<div>\n\t\t\t\t\t<p>MUFG Restaurant Finance handled underwriting on the Zaxby\u2019s deal, and Guernsey works with MidCap Financial for its Sonic business, which James noted is about to grow more upon close of a 20-unit ...<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/li>\n            \n            <li>\t\t\t\t<span class=\"title\">\n\t\t\t\t\t<a href=\"http:\/\/www.bing.com\/news\/apiclick.aspx?ref=FexRss&amp;aid=&amp;tid=6633db38473249619e88de46c981b030&amp;url=https%3A%2F%2Fwww.law.com%2Finternational-edition%2F2024%2F04%2F17%2Flawyers-see-positive-outlook-for-mergers-acquisitions-in-australia%2F&amp;c=15304434789563579606&amp;mkt=en-us\" rel=\"nofollow\">\n\t\t\t\t\t\tLawyers See Positive Outlook for Mergers &amp; Acquisitions in Australia\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t<div>\n\t\t\t\t\t<p>increase their scrutiny of M&amp;A deals. Mergers and acquisition activity in Australia is likely to pick up this year as U.S. investors continue to buy up assets, lawyers say. But acquirers will have ...<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/li>\n            \n            <li>\t\t\t\t<span class=\"title\">\n\t\t\t\t\t<a href=\"http:\/\/www.bing.com\/news\/apiclick.aspx?ref=FexRss&amp;aid=&amp;tid=6633db38473249619e88de46c981b030&amp;url=https%3A%2F%2Fwww.piworld.com%2Fcategory%2Fmergers-and-acquisitions%2F&amp;c=2291533004365401404&amp;mkt=en-us\" rel=\"nofollow\">\n\t\t\t\t\t\tMergers &amp; Acquisitions\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t<div>\n\t\t\t\t\t<p>Due diligence in an exercise that examines and reconfirms the state of a selling business. Let\u2019s dive into the details of this process.<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/li>\n            \n            <li>\t\t\t\t<span class=\"title\">\n\t\t\t\t\t<a href=\"http:\/\/www.bing.com\/news\/apiclick.aspx?ref=FexRss&amp;aid=&amp;tid=6633db38473249619e88de46c981b030&amp;url=https%3A%2F%2Fwww.alliedmarketresearch.com%2Fresource-center%2Ftrends-and-outlook%2Flife-sciences%2Flife-sciences-industry-outlook-q1-2024-mergers-acquisitions-product-launches&amp;c=15411220098695262356&amp;mkt=en-us\" rel=\"nofollow\">\n\t\t\t\t\t\tLife Sciences Industry Outlook Q1 2024: Analyzing the Role of M&amp;A and Product Launches in the Sector\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t<div>\n\t\t\t\t\t<p>Top mergers and acquisitions that are shaping the dynamics of the industry One approach opted by many major companies in the life sciences domain is to sign merger and acquisition agreements with ...<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/li>\n            \n            <li>\t\t\t\t<span class=\"title\">\n\t\t\t\t\t<a href=\"http:\/\/www.bing.com\/news\/apiclick.aspx?ref=FexRss&amp;aid=&amp;tid=6633db38473249619e88de46c981b030&amp;url=https%3A%2F%2Fwww.filtsep.com%2Fcontent%2Fblog%2Ffiltration-mergers-acquisitions-review-q1-2024&amp;c=12608669211356087143&amp;mkt=en-us\" rel=\"nofollow\">\n\t\t\t\t\t\tFiltration Mergers &amp; Acquisitions Review: Q1 2024\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t<div>\n\t\t\t\t\t<p>Track the main filtration-related M&amp;A activity during the first three months of 2024 through our coverage on the Filtration+Separation website. Image \u00a9 MohamadFaizal ...<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/li>\n            \n            <li>\t\t\t\t<span class=\"title\">\n\t\t\t\t\t<a href=\"http:\/\/www.bing.com\/news\/apiclick.aspx?ref=FexRss&amp;aid=&amp;tid=6633db38473249619e88de46c981b030&amp;url=https%3A%2F%2Fwww.digitimes.com%2Fnews%2Fa20240415PD212%2Fsamsung-ai-mergers-and-acquisitions-harman.html&amp;c=12129195200138900137&amp;mkt=en-us\" rel=\"nofollow\">\n\t\t\t\t\t\tSamsung reportedly set to return to M&amp;A market with trillion KRW deal in the works\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t<div>\n\t\t\t\t\t<p>Since acquiring American automotive audio maker Harman in 2016, Samsung Electronics has seemingly suspended large-scale mergers and acquisitions (M&amp;A) for the past 8 years. Recently, there have ...<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/li>\n            \n            <li>\t\t\t\t<span class=\"title\">\n\t\t\t\t\t<a href=\"http:\/\/www.bing.com\/news\/apiclick.aspx?ref=FexRss&amp;aid=&amp;tid=6633db38473249619e88de46c981b030&amp;url=https%3A%2F%2Fwww.bizjournals.com%2Fcleveland%2Fnews%2Fbanking-and-financial-services%2Fmergers-and-acquisitions&amp;c=9594751141371603927&amp;mkt=en-us\" rel=\"nofollow\">\n\t\t\t\t\t\tCleveland Mergers and Acquisitions News\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t<div>\n\t\t\t\t\t<p>The Business Journals' Book of Lists provides you with more than 1,000 of the hottest area companies in their fields, by ranking. Showcase your company news with guaranteed exposure both in print ...<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/li>\n            <\/ul> <\/div>\n","protected":false},"excerpt":{"rendered":"<p>#mergersandacquisitions #corporatelaw #business http:\/\/cenkuslaw.com http:\/\/braatenwoods.com Mergers &#038; Acquisitions (commonly referred to as M&#038;A) is often considered a fast-paced, exciting niche of corporate law. And, it is. I love the work I do and my role in M&#038;A deals. It&#8217;s apparent to me others find this line of work interesting as well, particularly following the response [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7916,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[9],"tags":[2652,3855,2651,426,3263],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/www.austinshortfilm.com\/wp-content\/uploads\/2019\/01\/LpgBGO0aO-Y.jpg","_links":{"self":[{"href":"https:\/\/www.austinshortfilm.com\/wp-json\/wp\/v2\/posts\/7915"}],"collection":[{"href":"https:\/\/www.austinshortfilm.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.austinshortfilm.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.austinshortfilm.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.austinshortfilm.com\/wp-json\/wp\/v2\/comments?post=7915"}],"version-history":[{"count":0,"href":"https:\/\/www.austinshortfilm.com\/wp-json\/wp\/v2\/posts\/7915\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.austinshortfilm.com\/wp-json\/wp\/v2\/media\/7916"}],"wp:attachment":[{"href":"https:\/\/www.austinshortfilm.com\/wp-json\/wp\/v2\/media?parent=7915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.austinshortfilm.com\/wp-json\/wp\/v2\/categories?post=7915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.austinshortfilm.com\/wp-json\/wp\/v2\/tags?post=7915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}