This business operates in one of the hottest sectors of the market right now, infrastructure. They provide project management, inspection, and foundation construction services for electric substations and transmission lines. With the growth of the Texas population along with the federal infrastructure spending, this business is positioned well for growth over the coming years. The current owner has assembled a team that is comprised of knowledgeable and extremely experienced industry professionals. This is a fully remote business that allows the owners to work from home with the occasional travel necessary to meet with clients.
This business is a registered engineering firm with the State of Texas and state law requires them to keep this registration active, a new owner will have to be an engineer or is required to have at least one professional engineer on its payroll to keep this registration active. A new owner would need to assume this same responsibility.
Bison Business LLC (“we,” “our,” “us”) will be furnishing you confidential information pertaining to one or more businesses we represent (“the Business”). As consideration for obtaining this information including but not limited to a confidential business review (CBR), financial documents, employee information and other trade secrets, you agree that:
All verbal or written information furnished to you pertaining to the Business will be confidential. For a period of five years from the signing date, you will not use this information to compete against the Business, nor will you disclose it to any person(s) or entity(ies) other than those assisting you in its evaluation for the sole purpose of your potential acquisition.
Unless we agree otherwise in writing, you will not contact the Seller, nor will you contact any of the Business’s employees.
If you decide that you do not wish to pursue an acquisition, you will advise us of this, return all information furnished to you, and delete all electronic copies.
If you negotiate with the Seller to purchase or lease the Business or its Assets without our involvement, you will be responsible for paying our full commission and associated damages.
You acknowledge that we represent the Seller, and that all information concerning Seller’s Business and Assets, whether furnished before or after the execution of this Agreement, was and is supplied by Seller to us, and that we have not made nor do make any warranty or representation as to the genuineness, accuracy, and truthfulness of any and all information of the Business. Bison Business makes no guarantees regarding the future value of the Business, and acts merely as a conduit for information between Seller and you.