Thinking About Growing Your Agency Through Acquisition?

Are you a letting or estate agency looking to grow your business through acquisition?

It’s not uncommon to have loads of questions on how to go about it. How do you determine if you can afford it and how do you fund it?

How do you assess if the price is right? What questions should you ask the seller and how do you manage the acquisition while still running your existing business?

What kind of lawyer should you hire, and how do you understand what they tell you? How should the deal be structured, and how do you integrate the new business successfully into your current one?

At Atomic, we understand the daunting nature of buying a business. We have done it almost 300 times and have learned the lessons, so you don’t have to.

Roughly half of our clients have never bought a business before, while the other half have tried it once before on their own, found out how intense it can be, and then come to us. We make the deal happen for you from start to finish.

If you are just thinking about buying another agency but don’t have a specific one in mind it’s worth talking to us about finding one.

Or you may already have identified the agency you’re interested in. Either way, once the buying process is underway that’s when our Full Acquisition Management Service kicks in.

Step One – Getting You Prepped

At the start, our time is spent working with you, before any seller even knows we’re involved.

We advise you on how to value the business you are looking to buy realistically.

We arm you with all the questions you should ask the seller and make sure you are prepped for the initial meetings, so you get everything you need to decide whether to proceed.

When you decide to go ahead, we then gather everything together in a structured offer that you can take to the seller.

Step Two – Sorting The Finances

We help you structure and secure the finances needed for the deal.

We have access to a raft of different funding options and providers from around the globe – from commercial lenders through to equity investors we’ve worked with before.

We know that funding in the current market can be challenging, but we have options to suit all situations.

Step Three – Getting The Legals Lined Up

We introduce you to a panel of solicitors we’ve worked with many times so you can be confident you’re getting the right legal advice. We also cut through the jargon for you, explaining all the legal aspects of the deal in straightforward language.

Step Four – Project Managing the Detail

We make sure nothing is left to chance when it comes to understanding what you are buying.

We project manage the entire deal, looking into every aspect of the business you’re acquiring, checking and reviewing all their commercial contracts, overseeing the due diligence to ensure they are operationally compliant, and going through their finances.

Our robust and structured approach helps you avoid any nasty surprises.

Step Five – Managing The Relationship

From the point you have agreed an in-principle deal with the seller, we also begin spending a lot of time with them, on your behalf.

Sometimes there are tricky conversations – we’ll deal with these for you. Sometimes there are bumps in the road – we’re great at smoothing them out. Throughout the process, you can trust us to keep your relationship with the seller in great shape.

Step Six – Planning The Integration

While we support you through acquisition negotiations, in the background we’ll also be preparing the integration plan to make sure that when the deal is completed, you already have everything ready to go for a successful and legally compliant integration. This is often the area that gets overlooked until the eleventh hour, and arguably the most important aspect of ensuring a successful integration.

Buying a business can be an excellent way to grow your agency, but it’s not without its challenges. At Atomic, we take the stress out of the process and work alongside you to make it happen from start to finish.

But don’t just take our word for it, check out our many 5-star reviews from clients we’ve helped to grow and prosper through successful acquisitions here: Reviews | ESTAS – The Estate Agent of the Year Awards (theestas.com)

For a no obligation chat about the acquisition process, or to confidentially discuss a potential business sale, please don’t hesitate to get in touch at Contact – Atomic Consultancy