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 $5M to $15M in revenue within the broader Charlotte Piedmont region of North and South Carolina.
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.