So you want to acquire or sell a regulated business?
CompliReg is often asked to assist firms wishing to buy (and sometimes sell) an existing licensed firm, such as an emoney / payments institutions, a cryptoasset service providers, MiFID firms and even banks.
Such an acquisition is not for the faint-hearted. It can require as much time and effort as it may otherwise require in obtaining an authorisation/license from scratch. For those disposing of a regulated business, it is no walk in the park either.
Some clients seek a turnkey solution, i.e. a business already trading with a book of clients while others seek the elusive 'empty shell' licensed business (i.e. a licensed, but as of yet not materially trading, business).
Given the ever changing nature of regulatory, legal and financial issues surrounding an acquisition or disposal, there is little point writing a long essay here. Rather, this type of service is a bespoke service offering from CompliReg. It is not a 'buy off the shelf' or 'sell via advertising' model. This is because of the ever growing amount of 'tyre-kickers' and 'consulting sharks' who waste your (and our) time and effort when they are clearly not in a position to assist you and simply want a percentage of the action. There are plenty of such types of firms operating or originating from Eastern Europe that don't simply get what is required. If you go with one of them, not only do you need a lot of good luck but also a large dosed penicillin shot.
We are also quite picky about who we work with. We don't take on everyone who approaches us and we have fired clients where they tried to mislead regulatory authorities and us as to their bona fides.
We ask all clients and prospective clients to understand that although word often circulates that a regulated firm is for sale (including direct from the business owner), it is not until one meets with the vendor and its representatives (with a specific purchaser signed by CompliReg) is one certain that is a likely genuine transaction to be had.
We don't work on a commission basis only. Vendors are as circumspect as Purchasers. If we are not mandated in writing and remunerated by retainer to firstly, identify a target and secondly, bring it to the table then we are unlikely to be in a position to assist you. Subject to contract, we may deduct retainers paid against an appropriate and reasonable commission/success fee.
If you are still reading, then you are likely the type of client we like to work with, i.e. shared ethos, values and business efficacy. In which case please go to Next Steps below.
Such an acquisition is not for the faint-hearted. It can require as much time and effort as it may otherwise require in obtaining an authorisation/license from scratch. For those disposing of a regulated business, it is no walk in the park either.
Some clients seek a turnkey solution, i.e. a business already trading with a book of clients while others seek the elusive 'empty shell' licensed business (i.e. a licensed, but as of yet not materially trading, business).
Given the ever changing nature of regulatory, legal and financial issues surrounding an acquisition or disposal, there is little point writing a long essay here. Rather, this type of service is a bespoke service offering from CompliReg. It is not a 'buy off the shelf' or 'sell via advertising' model. This is because of the ever growing amount of 'tyre-kickers' and 'consulting sharks' who waste your (and our) time and effort when they are clearly not in a position to assist you and simply want a percentage of the action. There are plenty of such types of firms operating or originating from Eastern Europe that don't simply get what is required. If you go with one of them, not only do you need a lot of good luck but also a large dosed penicillin shot.
We are also quite picky about who we work with. We don't take on everyone who approaches us and we have fired clients where they tried to mislead regulatory authorities and us as to their bona fides.
We ask all clients and prospective clients to understand that although word often circulates that a regulated firm is for sale (including direct from the business owner), it is not until one meets with the vendor and its representatives (with a specific purchaser signed by CompliReg) is one certain that is a likely genuine transaction to be had.
We don't work on a commission basis only. Vendors are as circumspect as Purchasers. If we are not mandated in writing and remunerated by retainer to firstly, identify a target and secondly, bring it to the table then we are unlikely to be in a position to assist you. Subject to contract, we may deduct retainers paid against an appropriate and reasonable commission/success fee.
If you are still reading, then you are likely the type of client we like to work with, i.e. shared ethos, values and business efficacy. In which case please go to Next Steps below.
Next Steps
Our team comprises of seasoned payments, crypto, MiFID and banking experts, including former central bankers and regulators from (shall we say) the more reputable parts of globe and in particular the most reputable parts of the European Union. Our staff comprise of professionals who have worked as lawyers admitted in Ireland, the UK and Australia.
Reach out to us here for an initial free consultation
Reach out to us here for an initial free consultation
