Privately owned businesses usually represent an owner's principal asset and life's work. We at Copper Run value our clients and strive to achieve an asset sale at the best price and terms possible, consistent with the current and future prospects for the Company. The Principals of Copper Run understand that each client situation is unique and requires a tailored approach to maximize shareholder value and achieve a successful outcome. Copper Run implements a thorough and efficient sale process, providing senior-level attention in the transaction.

Typical Timeline

Acceptance of Engagement Letter

Preparation of Seller Synopsis and Confidential Information Memorandum ("buyers book") (2-4 weeks)
This process will include several conference calls and/or on-site meetings with you to help us gain a better understanding of the company. Upon completion we ask that you review both documents to ensure accuracy and your satisfaction.

Assembly of Targeted Buyers (2-3 weeks)
Any potential buyers you have in mind will be included in our list.

Market to Target Buyers (4-6 weeks)
Send out Seller Synopsis and Non-Disclosure Agreement ("NDA").

Accept Signed NDA and Distribute Buyers Book (4-6 weeks)
Prospective buyers will have 30 business days to review the book.

On-site Buyer Meetings (2-6 weeks)
Conference calls will also be necessary during this stage.

Accept Preliminary Indications of Interest (2-4 weeks)
This will be a written non-binding indication with a price range they are willing to pay.

Review Letters of Intent (1-2 weeks)
This is a formal written offer with a specific price and details of the transaction.

Select Buyer, Negotiate the Transaction, and Sign Final Letter of Intent (2-4 weeks)

Buyer Due Diligence (more in depth than on-site visit) (4-8 weeks)

Document and Close Transaction (2-4 weeks)

* Many of the estimated time frames will overlap. We expect the process start to finish to last 4-12 months.