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Acquisition Proposal

Bavlin — Outline of acquisition structure and our operational role

This document is not legally binding. It is intended solely as a guideline to our typical acquisition structure and approach. Any acquisition would be subject to formal documentation and legally binding agreements executed by both parties.

This document outlines how Bavlin acquires businesses and our role following acquisition. We offer three structures and adapt terms to each seller's objectives.

1. Ownership — three structures

We offer three acquisition structures:

Bavlin provides all consideration for the acquisition; the seller is not required to invest in the transaction.

No financial investment is required from the seller. We fund the acquisition. The seller receives consideration (cash and/or other agreed terms) in accordance with the purchase agreement. The structure depends on which option the parties select.

2. Our role after acquisition

Bavlin operates the businesses we acquire. We are not passive owners. Our involvement includes:

We acquire in order to operate—except where the parties agree on a partial sale with the seller retaining operational control, in which case the seller continues to manage operations under agreed terms.

3. No investment from seller

The seller is not required to contribute capital. We fund the acquisition. The seller's obligations are to provide information, cooperate on due diligence and transition, and complete the sale. Consideration to the seller is as set out in the purchase agreement (full or partial exit).

4. Next steps

This proposal summarizes our typical acquisition structure and approach. Specific terms—including structure (full sale, partial sale, or partial sale with retained operational role), valuation, transition, and roles—would be agreed in good faith and documented in formal agreements once mutual interest is confirmed. We welcome inquiries from parties considering a sale.

For inquiries, please contact us via the contact section on our website.