Prosperity and legacy live on through sustainable success after a fair sale to a principled buyer.
Star Course Holdings is seeking to purchase an outstanding business possessing growth potential and $3M to $15M in revenue within the broader Carolinas region.
We are focused on partnering with selling owners of the right businesses by offering personal liquidity, growth funding, and active day-to-day operational management through new ownership and direct leadership.
Exploring the Star Course Holdings Advantage:
Working with Star Course Holdings provides numerous advantages over selling to a competitor, a strategic buyer, or private equity.
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Star Course Holdings: Flexible deal terms with mutually beneficial incentives. Direct communication and interaction with a local and dedicated entrepreneur.
Private Equity: Complex deal terms with strict conditions, deal process managed by large teams often from outside the region.
Competitor/Strategic Buyer: Very strict deal terms, tied to metrics that are balanced towards the buyer. Reduced negotiating power.
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Star Course Holdings: Involvement tailored to the business’ needs and owner preferences.
Private Equity: Continued involvement often expected (2-3 years) with substantial oversight and financial conditions.
Competitor/Strategic Buyer: Owner transition depends on the buyer's evolving needs. Less flexibility in terms of owner involvement.
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Star Course Holdings: Invested leadership focusing on long-term growth, team stability, and maintaining the company’s core values.
Private Equity: Part of a larger portfolio with a focus on maximizing profits on a short, 5-year horizon.
Competitor/Strategic Buyer: Integration into a larger entity, often leading to cost-cutting and potential layoffs due to shifting business priorities.
Efficient and Transparent Business Sale Process with Star Course Holdings:
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Introduction: Conduct an initial call or face-to-face meeting to introduce you and Nate and to discuss your company’s background, operations, and performance.
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Confidentiality Agreement: Sign a non-disclosure agreement to ensure all parties’ privacy.
Deeper Review: Share detailed information about your company’s performance, especially the past year, and future growth potential during follow-up calls and in-person meetings.
On-Site Visit: Tour your facilities to better understand operations while building a strong foundation of trust and assessing the alignment of interests.
Letter of Intent (LOI): Review and sign a Letter of Intent from Star Course Holdings, outlining preliminary deal terms based on our initial conversations and analysis.
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Comprehensive Analysis: Nate and the team conduct an in-depth due diligence review. This phase can vary by business type and owner commitment to the process.
Negotiation: Collaborate to finalize the purchase agreement and deal structure, ensuring they align with due diligence findings and the interests of both parties.
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Verification: Confirm the accuracy of representations and assurances made by you about your business to ensure all terms align with the purchase agreement.
Close: Sign final documents and transfer funds.
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Introductions: Introduce key stakeholders (team, customers, suppliers) to Nate and Star Course Holdings.
Continued Involvement: Continued involvement or consultancy based on the purchase agreement.