03 · Sell
Sell your institution, quietly.
A licensed institution is sold to a buyer the regulator will approve. We find and screen those buyers, protect your confidentiality, and manage the process to completion.
Confidential
Anonymised profiles, NDA before any detail, and no approach to your staff, clients or regulator without your consent.
Qualified buyers
Buyers are screened for identity, ownership, sanctions and funds before they see your entity.
Regulator-ready
We prepare the change-of-control file with the buyer, which is what decides whether a sale completes.
The process
From first call to completion.
- Your brief
Confidential call
Your objectives, the entity and the timing. Nothing is shared without your agreement.
- Mandate and NDA
Mandate and NDA
A written mandate that confirms you may sell, and confidentiality on both sides.
- Anonymised teaser
Valuation and teaser
An indicative value and an anonymised profile that does not reveal the entity.
- KYC and proof of funds
Buyer screening
Only buyers who pass identity, ownership, sanctions and proof-of-funds checks see more.
- Data room
Due diligence
A controlled data room. Questions are handled through us.
- Change-of-control file
Regulatory approval
The buyer applies for change of control. We support both sides until the regulator decides.
- Share transfer
Completion
Once approval is granted, the shares are transferred.
Preparing the file
What buyers and regulators will ask for.
All documents notarised and apostilled within the three months before the application is signed. We contact the regulators in all cases.
- 01Signed selling application, with initial due diligence on the managers
- 02Licences, corporate documents and current ownership chart
- 03Two proofs of address and photo IDs for each major shareholder
- 04CVs of major shareholders, the board, senior management and key staff
- 05Recent background checks on shareholders and directors
- 06Audited financial statements by a Big Four firm or BDO (or a special audit if the current auditor is small)
- 07Current capital position, with capital deposit statements and proof
- 08Regulatory filings of the last 18 months
- 09Contact details of every regulator that supervises the entity
- 10Liabilities and assets held in unsupervised foreign jurisdictions
- 11AML/CFT framework and latest compliance report
- 12IT systems, outsourcing and key contracts
- 13SWIFT and banking-association registration details
- 14Correspondent, scheme and payment-system memberships
- 15Initial presentation and business plan
- 16Approval of the NDA and the commission contract
- 17Reasons for the sale and the timetable you need