Insights on the NDA Process to review deals with deal team ahead of LOI

by a searcher from INSEAD

1 year ago

Hi All -

Would you have any insights on what is the process to be followed with regards to NDA for reviewing a potential deal with my deal team (Lawyer/Lenders/CPA) ahead of signing the LOI. Obviously I want to protect my interest and the sellers confidentiality as well but want to get insights on the deal from lenders before putting together the LOI. 

Do I have sign an NDA with every lender that I work with on Term sheets and insights?

0 likes
32 views
3 comments

searcher from St. John's University

Great insight.

1 year ago | like reply | 1 like

searcher from Anderson University

I shared deal details with my bank, attorney, and advisors without them being specific party to the NDA, which was not an issue because this was allowed under the NDA terms. I will say, I was always diligent about marking things as confidential or verbally communicating confidentiality.

1 year ago | like reply | 1 like

More on Searchfunder

Just Closed on My First Deal! Reflections and Takeaways for other Searchers

45,152 transactions are available on Searchfunder (now searchable by keyword)

Now everyone has unlimited IBISWorld access

Family office looking for traditional searchers

2 Best Ways To Find Motivated Sellers, Off-Market Deals

Downsides of "buying a job" below 750k+ EBITDA?

Thought piece: Proprietary sourcing methods that delivered 2 acquisitions

6-7x for a Self-funded Search Deal?

Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.

We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.