Welcome to our web site
We hope you are joining us because you are a broker thinking about SELLING your business OR you would like to ACQUIRE a related business. AND you want to use INDEPENDENT ADVICE to manage this process for you, in much the same way that you provide independent and qualified advice to your clients. In effect our role is that of a ‘BROKER’s BROKER’.
Our business model, like yours, offers independent advice, an informed market overview, an ability to link confidentially with multiple buyers, and the expertise to negotiate appropriate agreements. Our KEY DIFFERENTIATOR in that we are your broker, we are independent, and we provide you with different options when it comes to selling your business or buying another.
The need for our service has been accentuated by the consolidation taking place in the brokerage sector in Ireland. Because of this significant activity individual, or even multiple, buyers are contacting brokerages directly. While this is both pleasing and flattering it puts considerable pressure on principals and management teams who now have to juggle additional tasks and are taken away from their core business. By employing BXI as your advisor you will have access to our extensive network of potential buyers and be able to offload the management of the entire process to us.
There can be many reasons for selling a Brokerage business. The regulatory environment is undoubtedly challenging and expensive in terms of effort and cost. The business may be at a stage when additional investment or new organic strategies do not add up. Having worked hard to build a business the time has come to consider retiring or develop other interests.
Selling a business is never a straightforward process. Just putting it on the market can be tricky. How do you attract potential buyers without alerting your customers and your competition? Is the business going to be an attractive proposition to buyers? Where is it placed in the market? How do you look after your clients and staff? It is important to recognise that consolidation is not just about big transactions; there is a trickle-down effect where the demand for medium and smaller sized businesses is a crucial element in growth strategies currently being pursued in the Irish market.
We appreciate that each business is unique and the importance of creating a ‘good fit’ for both buyer and seller. We believe a transaction works best when both parties can understand and value the perspective each is bringing, and our approach may be best described by our credo ‘no chemistry, no deal’. Our experience is that the majority of transactions involve principals and their teams remaining on in the new structure, in some shape or form.
We hope this brief, introductory summary gives you a sense of what BXI is doing and that you are encouraged to contact us to elaborate more on this. Please read ‘Our Service’ page to understand how we manage the selling or buying process on behalf of our clients.