Launch a bake-off (RFP) process to evaluate the most enthusiastic and most aggressive investment banker for your Sale or M&A transaction
Affine Finance will execute the process of finding, vetting and recruiting the best matched banker in a bake-off process to lead your M&A (sale) efforts - getting you the best valuation, organizing a broad and diligent auction process, as well as connecting you to right potential buyers - both strategic and financial.
What is a bake-off process?
Bake-off is an RFP process (request for proposals) from the company to broker-dealers, and a process in which the company evaluates and recruits the best person. Affine's role is to make this process seamless.
Recruiting process to hire a broker
Takes 2-3 weeks
Company selects a group of most relevant brokers to evaluate
Brokers pitch their skills, deal experience, vision and strategy to reach out to buyers and close the deal
Company evaluates brokers and their competence
Process ends with company hiring a single broker to lead and execute the deal
What should you expect from a broker-dealer?
Among other things, brokers will:
Create or evolve buyer materials
Perform company valuation (range)
Build and model-out the synergy pitch for each specific buyer
Qualify potential buyers
Leverage own network of buyers
Lead the due diligence process
Negotiate pricing and close the deal
How can Affine Finance lead your bake-off process?
Affine can coordinate and lead the bake-off process end-to-end, ensuring that the company is executing its deal in the most efficient way possible - saving immense time and effort
We screen for the initial group of most suited brokers
We screen a broad list of candidates based on their deal experience and skillset
Each broker we pitch is pre-vetted through Affine’s comprehensive technical assessments and reviews
We send companies the initial group of most relevant broker-dealers interested in the deal.
We then coordinate the bake-off process end-to-end, and are able to provide post-deal support
We coordinate the bake-off requirements for each round, reviewing broker's pitches and providing our recommendations
We work with companies 'till they finalize a broker, and then help them negotiate and draft an agreement
We can provide additional deal support through our extensive network of experts and in-house expertise after the deal commences