Dealflow Brokerage

@jamie_toyne This seems really interesting. I was wondering why someone hadn't build that earlier ;-) I will send 2 companies your way soon as they're reaching a stage where they want to sell for <1M.

@emma_white Answer: Cheers Emma! Great questions. Great question Emma! Is is it necessary? We believe so, yes. The biggest risk associated with listing an online business for sale is that of proprietary information being leaked or accessed by existing competitors and new entrants. The result can not only hurt the chances of a successful exit, but have a damaging impact on the business’ ongoing performance. Whilst NDA’s are still a valid means of protection, they are effectively mute and unenforceable if any Tom, Dick and Harry can sign one and gain access. By having solid, verifiable information on every person within our network, we have have a lot more control over confidentiality and compliance. We license a technology from a GDPR compliant 3rd party identity verification company. Do we have another verification option? Yes! Understandably, not everyone is comfortable uploading their personal details onto a 3rd party platform in order to verify themselves. This why we offer video conference interviews, where users can connect with a member of the Dealflow team and manually identify their identity. This can be a great opportunity to ask any questions and discuss your acquisition goals!

Hey @mbodulow There are two questions, so let’s tackle them separately. Buyers - as @jamie_toyne covered above, we are the first internet M&A firm to introduce mandatory identity verification, which all users must satisfy before they can access the businesses we have listed for sale. Our goal is to keep tire kickers and information gatherers at the door, while only allowing in a group of qualified investors serious about making web based acquisitions. Our new platform also tracks buyer activity, so it is relatively easy for us to detect if a buyer starts behaving suspiciously. Sellers - we heavily vet and qualify each business we list for sale, as well each respective business owner. This includes revenue verification (bank records, tax returns, etc.) and access to analytics data, as well as subjecting the business to many other due diligence checks and forms of analysis. That said, it is on the onus of the buyer to complete their own due diligence before committing to an acquisition. But to answer your question, we are very selective about the businesses we represent and the people we work with, and we only put our brand backing behind businesses we truly believe are high-quality acquisition opportunities.

@mbodulow I'd sold a business using DealFlow in the past and the experience went really well.

@jamie_toyne @josephcarroll87 Thanks for your responses! This platform looks exciting.

@richp_ Thanks Rich. Glad you had a good experience.