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Our M&A process

A proven, end-to-end roadmap from pre-market readiness through closing.

Built for GovCon. Every engagement is tailored to the realities of the federal market.

6

STRUCTURED STEPS

9 - 18

MONTH ENGAGEMENT

100%

CONFIDENTIALITY
06
Closing & Post-Close
  • Definitive Purchase Agreement support

  • Closing conditions & escrow coordination

  • Novation filing & agency notifications

  • Employee communication & retention plan

  • Earnout monitoring & obligation tracking

  • Legacy: your people, mission & culture

Why it matters
Novation, agency transitions, and earnouts require expert post-close management.
Duration: 30–60 days to close · Ongoing support
05
Due Diligence Management
  • Virtual data room setup & management

  • Buyer Q&A coordination & response strategy

  • GovCon diligence: novation, FCL, SAM.gov

  • Financial, legal & operational support

  • Coordinate legal, tax & accounting advisors

  • Timeline mgmt & deal fatigue prevention

Why it matters
GovCon diligence is unique. We protect your contracts, clearances, and SDVOSB status.
Duration: 60–90 days · Intensive buyer coordination
04
Negotiations & LOI
  • Manage multiple simultaneous LOIs

  • Compare EV, structure, earnout & equity

  • Seller representation in term negotiations

  • LOI drafting support & critical review

  • Deal structure optimization (tax & legal)

  • Legacy & employee protection provisions

Why it matters
Multiple competing bids create leverage. We ensure you never negotiate against yourself.
Duration: 4–8 weeks · Through signed LOI
03
CIM & Buyer Marketing
  • Confidential Information Memo (CIM)

  • Executive teaser & NDA-gated materials

  • Proprietary strategic acquirer & PE universe

  • Defense, intel & civilian sector outreach

  • Controlled competitive process for leverage

  • NDA management & buyer qualification

Why it matters
We reach buyers who understand GovCon value and pay strategic premiums for it.
Duration: 4–8 weeks · Controlled outreach process
02
Value Enhancement
  • Optimize key value drivers pre-market

  • Reduce revenue concentration & key-man risk

  • Financial reporting cleanup & KPIs

  • Mitigate recompete risk exposure

  • Build organizational depth & succession plan

  • Position for maximum buyer attractiveness

Why it matters
Every EBITDA dollar improvement can translate to 5–12x in enterprise value at closing.
Duration: 3–12 months · Concurrent with prep work
01
Readiness & Valuation
  • EBITDA normalization & quality of earnings

  • Funded backlog & contract status

  • CPARS, clearances, key personnel review

  • Enterprise value range & gap identification

  • SAM.gov, SBA status & compliance review

  • Owner goals, timeline & legacy alignment

Why it matters
Buyers pay for documented performance. We surface contract value and close gaps before you go to market.
Duration: 4–8 weeks · Fully confidential

Want to walk through the process for your business?

A  conversation about where you are and where you want to go.

sts-advisors.com

Marketplace partner: govconbuysell.com

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