A clear glossary for business transfer and M&A terms.

An NDA is an agreement that requires parties to keep sensitive company information confidential under defined conditions.

An LOI records a buyer's main offer terms and intention to move a transaction forward.

Due diligence is a structured review of a company's financial, legal, commercial, and operational condition.

A teaser is a short opportunity summary that presents a company without revealing its identity or sensitive details.

Pre-NDA and Post-NDA separate the level of information shared before and after a confidentiality agreement.

A business transfer process is the controlled transaction flow from sale preparation to closing.

A data room is a secure document area where sellers share staged information with approved buyers.

A data room access request is a buyer's request to review specific document groups with seller approval.

An audit trail records document views, access requests, and process actions in a traceable way.

A confidential process runs a company sale with selected qualified parties and controlled information sharing.

An open listing is a marketplace approach where a sale opportunity is visible to a broad audience.

Business valuation estimates a company's reasonable value range using financial and strategic data.

The multiple method estimates value using value-to-earnings ratios from comparable companies or transactions.

Discounted cash flow values a company by discounting expected future cash flows to present value.

Asset-based valuation estimates value from a company's assets and liabilities.

Value is a reasonable range produced by valuation methods; price is the point parties agree through negotiation and terms.

A buyer profile describes an investor's capacity, sector focus, decision timeline, and investment thesis.

The sell-side is the person or organization selling the company or managing the process on the seller's behalf.

A service provider adds legal, financial, tax, valuation, or operational expertise to a transaction process.

An M&A advisor supports parties with strategy and transaction management during a business sale or acquisition.

An investment thesis explains the sector, scale, growth logic, and risk profile a buyer is looking for.

A non-binding offer states the buyer's main commercial terms without creating a final obligation.

Exclusivity is a period where the seller agrees to deepen transaction discussions with only one buyer.

Closing conditions are the contract, approval, document, and payment requirements that must be satisfied to complete a transaction.