Mergers & Acquisitions / Sell-Side

Ready to Sell or Exit?

A sale or exit is easier to manage when you understand the business’s readiness, the process ahead and the post-closing obligations.

~5 MINUTES · 24 QUESTIONS

Readiness review

Before the Deal Gets Moving

01 Structure and ownership

02 Authority and risk allocation

03 Execution and next steps

Who it is for

A Clearer Starting Point

For business owners, founders, family enterprises and shareholders considering a sale, recapitalization or strategic transaction involving their company.

Review scope

What the assessment evaluates

A practical screen for issues likely to affect the next decision.

01 Owner objectives

Clarify the seller’s goals, timing, liquidity priorities, continuing role and non-negotiable outcomes.

02 Business readiness

Review the company’s ownership, governance, contracts, operations and story.

03 Diligence materials

Identify the financial, operational and legal materials needed for a controlled, credible buyer process.

04 Deal structure

Frame early choices around asset or equity sale, price mechanics and retained risk.

05 Buyer process

Consider outreach, confidentiality, competing interest, information flow and negotiation leverage.

06 Transition planning

Prepare for employees, customers, continuing obligations and the owner’s role after closing.

M&A SELL SIDE PACKAGE ESTIMATES

Sale Readiness → Evaluate Offers → Navigate Diligence → Document → Closing → Transition

A business sale is a negotiated business transaction, not merely a document project. These packages cover defined legal work for qualifying sell-side transactions.

All matters are billed on an hourly basis (estimate is not paid upfront).

RAETZER does not guarantee that a buyer will be identified, that any proposed terms will be achieved, or that a transaction will be completed, and does not provide buyer introductions, business broker, investment banking, valuation or financing services.

Package 1

SALE ESSENTIALS

$29,500

Starting at; Final fee ESTIMATE confirmed after attorney review.

Best for

a qualifying owner of a private U.S. company selling to 1 identified buyer in a straightforward transaction, generally below $2M.

Principal inclusions

  • Sale-structure/transaction planning

  • One LOI review/negotiation

  • Pre-diligence/data-room checklist

  • One principal purchase agreement

  • Standard disclosure schedules/closing documents

  • One closing

VIEW SCOPE AND ASSUMPTIONS

Assumptions: one seller entity, one buyer, one principal agreement, one closing, clean ownership/corporate record, no auction/multiple bidders, material rollover, complex earn out, ownership dispute, substantial regulatory, real estate, cross border, tax, litigation issue, and ordinary negotiation. Eligibility, scope and estimate are confirmed after readiness assessment, conflicts review, attorney consultation and execution of an engagement agreement.

Buyer counsel prepares first draft; supplemental fee if RAETZER prepares it. Cleanup/cap-table/lien/diligence may require supplemental scope.

Package 2

GROWTH COMPANY SALE

$39,500

Starting at; Final fee ESTIMATE confirmed after attorney review.

Best for

a qualifying sale of $2M - $10M or a smaller transaction with moderate complexity.

Principal inclusions

  • Pre-sale corporate/ownership review

  • Data-room/diligence coordination

  • Working capital/purchase-price adjustments

  • One seller note/escrow/holdback/earn-out/limited rollover

  • Expanded disclosure schedules

  • Employment/transition/payoff/closing coordination

VIEW SCOPE AND ASSUMPTIONS

Assumes one seller, buyer, principal sale/closing. Eligibility, scope and estimate are confirmed after readiness assessment, conflicts review, attorney consultation and execution of an engagement agreement.

Material ownership problems, contested shareholders, multiple bidders, substantial rollover governance, complex earn-outs, tax restructuring, significant approvals, or burdensome diligence require supplemental/custom scope.

Package 3

STRATEGIC EXIT

$59,500

Starting at; Final fee ESTIMATE confirmed after attorney review.

Best for

sales generally $10M - $50M or a banker-led process, multiple bidders, substantial rollover, complex consideration, or extensive diligence.

Principal inclusions

  • Banker/process coordination

  • Competing IOIs/LOIs

  • Rollover/post-closing governance

  • Complex earn-out/escrow/indemnification

  • Management/retention/transition/ restrictive covenants

  • Extensive schedules/diligence/closing

VIEW SCOPE AND ASSUMPTIONS

Custom quote for above $50M, cross-border, public, distressed/bankruptcy, ownership dispute, approvals, prolonged auction, significant tax/benefits/environmental/real estate/antitrust/specialty regulatory, RWI, multiple closings/substantial post-closing. Eligibility, scope and estimate are confirmed after readiness assessment, conflicts review, attorney consultation and execution of an engagement agreement.

RAETZER would serve as legal counsel, not as the broker or investment banker locating a purchaser.

M&A Sell-Side Readiness Assessment

Start Your Assessment



This assessment takes about five minutes. Answer honestly — there are no wrong answers, and nothing here is reviewed in real time. When you're done, you'll get a readiness score across four areas: business foundation, offering architecture, investor strategy, and execution readiness, along with a recommended next step.

24 questions · ~5 minutes · instant results

This assessment is for general educational and screening purposes only. It does not determine the legal or regulatory compliance of a proposed sale, the viability of a specific exit structure, or your legal capacity to complete the transaction. Please don't include any confidential information in your answers.

This assessment does not estimate or determine the value of the business.

RAETZER provides legal and transactional counsel. The firm does not value businesses, locate purchasers, conduct an auction, or act as an investment banker or business broker through this assessment.

RAETZER PLLC

Led by a corporate and securities lawyer with more than 20 years of transactional experience across $100+ billion in transactions, we bring institutional deal discipline to businesses that want sophisticated counsel without building an in-house legal department. Sophisticated counsel for the decisions that move a business forward — from first formation through its next chapter.

Office MAILING ADDRESSES

224 W 35th St, Suite 500 #2320

New York, NY 10001

1910 Pacific Ave

Suite 2000 #1625

Dallas, TX 75201

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The materials on this website are provided by RAETZER PLLC for general informational and educational purposes only. They are not intended as legal advice, do not constitute legal advice, and should not be relied upon as legal advice for any particular matter or situation. Viewing this website, using this website, submitting information through this website, or communicating with RAETZER PLLC through this website does not create an attorney-client relationship. An attorney-client relationship is formed only after RAETZER PLLC has agreed in writing to represent you. Do not send confidential, privileged, or time-sensitive information through this website unless and until an attorney-client relationship has been established. Information submitted before an attorney-client relationship is formed may not be treated as confidential or privileged. The information on this website may not reflect current legal developments and may be changed or updated without notice. Legal outcomes depend on the specific facts and applicable law. No statement on this website is intended to create, and no statement should be understood as creating, a guarantee, warranty, prediction, or assurance regarding the outcome of any legal matter. RAETZER PLLC does not seek to represent any person or entity in any jurisdiction where this website does not comply with applicable laws and ethical rules. Unless expressly stated otherwise, the attorneys identified on this website are not certified by the Texas Board of Legal Specialization. This website is for educational purposes only. The attorney responsible for the content of this website is Joseph J. Raetzer, MBA, JD, RAETZER PLLC.

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