How do business brokers and M&A advisors assure confidentiality in the selling process?

  1. Ask your business broker and M&A advisor if they use secure, third party, data rooms where all of the businesses financial data and intellectual property information is stored during the sale process. Find out which company they use and make sure you do your own due diligence on that third party data room provider.
  2. Prepare a list of direct competitors who might just be fishing for information and provide that list of names to your business broker and M&A advisor so they know who to blacklist from the process.
  3. Professional business brokers and M&A advisors will never release public-facing information that can be too specific to point to the exact business under consideration.
  4. Have any interested party sign appropriate confidentiality and non-disclosure agreements. Your business broker and M&A advisor will have these agreements readily available for all buyers to review and sign.