Tips on how you can prepare before selling your company:

Prepare both the company and yourself as the owner

Often, the time when you sell your company is a very hectic period for both management and owners. Make sure to prepare the daily operations so that they can run smoothly. Prepare the management and put together a small group responsible for the process and keep that group tight.

Make the company independent of individuals

Often, owner-managed companies are very dependent on one or a few individuals. It can be easier for you if you make sure to spread the knowledge so that you are not dependent on a specific person.

Order and organization

Maintain order and organization in all administrative tasks. It is a great advantage when selling a company to show in a Due Diligence process that you have a handle on numbers, documents, and any risks. Feel free to seek the help of an advisor, but ensure that you always have control over the process.

What do we consider attractive factors in a company?

One of the first investment criteria for those selling their company is that our values ​​align. We also believe that it is important to have driven and engaged individuals in the company. We are in favor of partnerships, but we prefer to have the majority. If we find the right people to work with, we are happy to do so, which is why it is important that we click with the individuals in question so that we can have fun while working together.

We also want to see clear growth potential in the company so that we can actively step in and take the company forward. It is also preferable to have a strong brand with a good history, as well as order and organization in the company. We want to feel that we can be involved in developing the company; we believe we are the wrong owners if we are only to be passive and manage.

Specifically, at Hammarviken, we are looking for small to medium-sized companies, primarily in the construction and real estate sectors. Hammarviken operates with a long-term and industrial mindset.

Hammarviken's areas of expertise:

At Hammarviken, we have gathered extensive experience with skills that we know many small and medium-sized companies need support with. We have in-house expertise in marketing, company acquisitions, management and board work, financing, and good relationships with banks, among others. In addition to these skills, we also have our subsidiary Yuncture, which provides a whole forum of young, new influences in the office, and last but not least a broad business and contact network in the business world.

What does the process look like when selling a company?

The processes when selling a company usually look quite similar. As soon as we agree on how to proceed, a Letter Of Intent (LOI) is often written, outlining the main points of agreement. Along with this, a Due Diligence (DD) process is also started, which is the next step in the process. From this point onwards, a business plan and a shareholders' agreement are also jointly considered.

Once the above points are resolved, a share transfer agreement is drafted. This agreement regulates, for example, how the transfer should take place and what warranties the seller provides.

What does a successful process look like when selling a company and the important time afterwards?

After the sales phase, a different type of phase begins where a lot of time must be spent on integration and ensuring that employees are happy. As new owners, it is also important to show up in the new business. It is important to be aware that you are working with people; change should be fun, but you should also respect that it takes time.

For more information on Hammarviken's investment strategy, please contact

Anna Langenius,
Investment Manager
anna@hammarviken.com
0704-019201