OUR PROCESS
IT’S EASIER THAN YOU THINK TO GET STARTED WITH PARALLEL
IT'S EASIER THAN YOU THINK TO GET STARTED WITH PARALLEL
Non-Disclosure Agreement
After our initial contact, we both will sign a non-disclosure form that ensures our conversations and requests are held in complete confidentiality.
Preliminary Financial Review & Evaluation
We request high-level financial information to assist us in the valuation of your practice. We’ll also coordinate management meetings to ensure we create a plan unique to your business and all questions are answered.
Letter of Intent (LOI)
Once we’ve had a chance to review the information provided and talk to you about the practice, we will prepare a letter of intent. The LOI is a non-binding document that describes the detailed terms of the transaction.
Confirmatory Due Diligence
Once an LOI is signed by both parties we conduct confirmatory due diligence. During this stage, we will introduce you to our legal, accounting, benefits, and compliance advisors. Most, if not all, of their work will be handled remotely.
Definitive Agreements
Once the confirmatory due diligence is done and the legal documents reviewed, it’s time to close the deal. Once the documents are signed, we wire your cash proceeds.
Non-Disclosure Agreement
After our initial contact, we both will sign a non-disclosure form that ensures our conversations and requests are held in complete confidentiality.
Preliminary Financial Review & Evaluation
We request high-level financial information to assist us in the valuation of your practice. We’ll also coordinate management meetings to ensure we create a plan unique to your business and all questions are answered.
Letter of Intent (LOI)
Once we’ve had a chance to review the information provided and talk to you about the practice, we will prepare a letter of intent. The LOI is a non-binding document that describes the detailed terms of the transaction.
Confirmatory Due Diligence
Once an LOI is signed by both parties we conduct confirmatory due diligence. During this stage, we will introduce you to our legal, accounting, benefits, and compliance advisors. Most, if not all, of their work will be handled remotely.
Definitive Agreements
Once the confirmatory due diligence is done and the legal documents reviewed, it’s time to close the deal. Once the documents are signed, we wire your cash proceeds.