Executing Confidential Offering
After a detailed review of your business, Shotgun will create a Confidential Offering Memorandum which contains summary level information about your company. Potential buyers are then contacted to determine their interest in participating in a bid process for your company, and are required to execute a Non-Disclosure Agreement prior to receiving the Confidential Offering Memorandum.
You, the seller are insulated from any contact with the bid participants, allowing you to continue to run day-to-day operations. Bids are received and reviewed with the seller in private, and a short list of buyer candidates is determined, keeping your options open.