NiklasJames.com

The dreaded "certainty to close"

The dreaded "certainty to close"

If you're in a bankered deal with multiple bidders, and the banker/seller asks you about "certainty to close," you have already lost. The seller may prefer you, but the banker's fastest & safest route to commission is not you. Sorry.

Showing certainty of close to an unsophisticated broker when you're the only one sniffing at their misspelled BizBuySell listing is different. They seek talking points that they can use to convince the owner.

About the author

Hi, Niklas here 🙂📝

This is my journey as an independent sponsor & equity investor.

I publish tactical insights for deal-by-deal private equity.

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