Deloitte: It takes an average 6 months to take over a company

“We have many instance when people come to us at the moment they are being checked out by one or the other, or if they themselves come up with the idea to sell or exit the business. Not one of those with a saleable or reasonably successful business were disappointed by the takeover offers,” according to a declaration to Business Standard by Deloitte Romania’s Chairman.

Steps identified by the Deloitte specialist always begin with a detailed analysis of the company coming to the business advisory firm. The analysis is followed by a teaser, offered to all potential clients, and those who are interested sign a Non Disclosure Agreement. “Interested parties then receive an info-memo, which includes a great deal more information, in addition to the company’s public annual report. For those still interested, a Non Binding Offer (NBO) follows, in other words they make a non-binding offer for your company,” explained Mucibabaci. Next comes the negotiation process and a due diligence investigation of the company, which ends with the actual takeover.

Deloitte Romania registered turnover in 2006 worth €18.3 million.