Banks and business client account managers in particular, are known for maintaining long-standing and personal contacts with entrepreneurs, managers and the companies. From these, bank representatives obtain indications about interest in purchases and sales.
Simultaneously, however, banks proactively prospect for owner-operated companies with succession arrangements by means of credit and Basel II checks.
Additionally, banks often instigate the sale of a company as de-facto owner in crisis situations, in the interest of the long-term financial security of the company and the jobs created by it.
Because of our established position, bank representatives recommend us to their clients as a service provider in these types of M&A situations.
Angermann Company Brochure