The second stage is from the signing of the purchase agreement to the end of the transaction

Depending on the type of acquisition, the second stage of the transaction process will be somewhat different.

Asset acquisition:

1, during the transition phase (from contract to delivery period), PE team appoints representatives to the target company, supervise daily operation, the target company supervision target of company's business and management are important asset disposal and external guarantees, mortgages and other activities.

2. With the help of lawyers, PE completes the establishment of offshore holding companies and other relevant legal matters.

3, with the help of a lawyer, PE and the other shareholders of the new company (usually a former business owners and managers) the drafting of the new file such as the company's articles of association, specify the members of the board of directors and legal representative of the new company, completed investment in host domestic legal matters related to the establishment of the new company.

4, PE project team organization, implementation, due diligence, before that, on the basis of comprehensive due diligence, mainly for the transition period of enterprise financial situation investigation, confirm the balance sheets of the target company to substantive change.

5. Pay the purchase price and complete the delivery.

Equity acquisition:

1, in the transitional phase, PE team appoints representatives to the target company, supervise daily operation, the target company supervision target company owners and managers are a major asset disposal or purchase, external guarantee or mortgage activity, etc.

2. With the help of lawyers, PE completes the establishment of offshore holding companies and other relevant legal matters.

3, with the help of a lawyer, PE and the other shareholders of the new company (usually a former business owners and managers) the drafting of the new file such as the company's articles of association, specify the members of the board of directors and legal representative of the new company, completed investment in host domestic legal matters related to the establishment of the new company.

4, PE project team organization, implementation, due diligence, before that, on the basis of comprehensive due diligence, mainly for the transition period of enterprise financial situation investigation, confirm the balance sheets of the target company to substantive change.

5. Pay the purchase price and complete the delivery.