OFFERING EXCEPTIONAL BUSINESS BROKERING SERVICES
NORCO offers professional and confidential business intermediary services on behalf of buyers and sellers of privately owned businesses, ensuring that the interests and expectations of both parties are achieved.
- Partnering buyers and sellers, ensuring that each party receives a fair deal without undisclosed surprises.
- Sourcing of new business acquisitions on behalf of buyers.
- Targeted marketing of seller’s business.
- Buyer screening.
- Preliminary verification of seller’s disclosures and information.
- Preparation of share sale agreements.
- Facilitation of the deal structure, price, payment terms, transaction lifecycle and business handover/ownership transfer.
- Performance of specialised supplementary services including performance of commercial due diligence assessments, cashflow projections, accounting, statutory compliance and assistance with applications for business funding.
- Business hand-over planning and support.
- Financial consulting.
- Legal support: our legal associate (a practicing commercial attorney) is available to assist parties answer questions and address all legalities pertinent to the share sale agreement.
ENSURING YOUR BEST INTERESTS
On behalf of buyers, we source and evaluate prospective business acquisitions, collate and validate the seller’s business information and financial records, and provide a reasonable measure of assurance through performance of a commercial due diligence assessment.
On behalf of sellers, we assist with preparation for sale (updated financial statements and statutory compliance), business valuations, targeted marketing, buyer sourcing and prequalification, and transaction management from initial interest through to successful completion.
All matters are handled professionally and with absolute confidentiality and discretion.
MISSION AND VALUE STATEMENT
Our mission is to be recognised as South Africa’s most proficient and ethical business brokerage through providing unique value, unsurpassed client service, assisting buyers and sellers overcome potential hurdles, guiding the parties through the intricate process, minimising risk and facilitating a fair deal between the parties through upholding the highest professional standards and integrity.
Our core value is integrity: we will not market any business until having performed reasonable checks to satisfy the veracity of the financial, operational and general business information supplied.
WHY CHOOSE US?
We have experience involving transactions ranging from owner-managed businesses to acquisitions involving multinational organisations and multi-billion-rand transaction values.
Business valuations and due diligence assessments are performed by a registered Professional Accountant.
No commissions are charged until the Seller has been paid.
Our processes are designed to manage risks typically associated with buying and selling a business.
Our specialised support services extend far beyond the norm, including for ownership hand-over support, financial planning and funding intermediation.
