The selling game: What happens when you get bought out by an acquirer?

IFA firms are in demand. In a series of high profile deals, consolidators spent last year buying up armfuls of businesses, a trend that has continued in 2014. However, less public are details of what it is actually like for each party – buyer and seller – to scope out and go through with a sale. Professional Adviser probed an acquirer on what they look for in a potential acquisition, and a seller on how they found the process of being bought, to discover what actually happens before, during and after a deal is done. A seller's perspective David Mills sold his firm Norscot Financ...