The Art of Selling Your Bank
Kurt Knutson
Selling your bank can make you feel like you are standing naked in public. You must always have your bank in the best shape possible, in other words, “swimsuit-ready”.
When you understand how the process works, you will know if you are ready or what...
Location:
United States
Description:
Selling your bank can make you feel like you are standing naked in public. You must always have your bank in the best shape possible, in other words, “swimsuit-ready”. When you understand how the process works, you will know if you are ready or what you need to do to get ready. This will reduce the “noise” of the process, calming your mind and allowing you to move forward freely and confidently for the best results. You will be able to find answers to questions like: The process of gathering this information is high-risk due to the fear of word leaking out, losing customers, and damaging value. Asking Advisors for advice may feel like asking a barber if you need a haircut. My hope is that this book will help you gain confidence and peace of mind so you can use your skills when it matters most. KurtKnutson.com Duration - 6h 9m. Author - Kurt Knutson. Narrator - Kurt Knutson. Published Date - Friday, 05 January 2024. Copyright - © 2023 Kurt Knutson ©.
Language:
English
Opening Credits
Duration:00:00:13
Author's Note
Duration:00:01:17
Dedication
Duration:00:01:40
Introduction
Duration:00:13:29
Section 1: How Much Are We Worth?
Duration:00:00:06
Chapter 1: Reverse Engineer
Duration:00:09:32
Chapter 2: Refocus Perspective
Duration:00:04:20
Chapter 3: What Are Our Earnings If...?
Duration:00:03:40
Chapter 4: Long-Term Plan
Duration:00:15:10
Chapter 5: Determining Value
Duration:00:18:24
Chapter 6: Value Drivers
Duration:00:05:10
Chapter 7: Cost Savings
Duration:00:08:37
Chapter 8: Strategic Value
Duration:00:06:49
Chapter 9: Talent
Duration:00:17:39
Chapter 10: The Golden Window
Duration:00:08:52
Chapter 11: Shareholders
Duration:00:10:32
Chapter 12: Build an Advisor Team
Duration:00:19:50
Section 2: Who Wants Us?
Duration:00:00:06
Chapter 13: Board / Advisors / Insider Agreements
Duration:00:10:36
Chapter 14: Deal Team and Data Room
Duration:00:07:58
Chapter 15: Potentially Interested Parties
Duration:00:05:25
Chapter 16: Counterparty Outreach
Duration:00:07:51
Chapter 17: One-On-One Meetings
Duration:00:16:00
Chapter 18: Board Review and Requests for Offers
Duration:00:08:41
Chapter 19: Non-Disclosure Agreements
Duration:00:04:44
Chapter 20: Managing the Bank
Duration:00:05:49
Section 3: How Does the Process Work?
Duration:00:00:07
Chapter 21: Initial Offer Submission and Board Review
Duration:00:07:22
Chapter 22: Further Data and Deal Team Expansion
Duration:00:05:13
Chapter 23: Management Meetings
Duration:00:09:13
Chapter 24: Offer Submissions and Board Review
Duration:00:03:10
Chapter 25: Sharpening the Pencil
Duration:00:06:15
Chapter 26: "Best & Final" Offers Submitted and Board Review
Duration:00:01:55
Chapter 27: Letter of Intent (LOI) and Board Approval
Duration:00:03:45
Chapter 28: Definitive Agreement & Disclosure Schedules
Duration:00:18:15
Chapter 29: Reverse Due Diligence
Duration:00:06:17
Chapter 30: Managing the bank
Duration:00:05:15
Chapter 31: Board Approval
Duration:00:06:44
Chapter 32: Communication of the Transaction
Duration:00:13:22
Section 4: Announcement to Closing
Duration:00:00:07
Chapter 33: Managing the Bank
Duration:00:04:53
Chapter 34: Closing Checklist
Duration:00:07:47
Chapter 35: Shareholder Meeting
Duration:00:06:46
Chapter 36: Regulatory Approval
Duration:00:06:06
Chapter 37: Communication Plan
Duration:00:09:58
Section 5: Post-Closing
Duration:00:00:06
Chapter 38: Communicate, Communicate, Communicate
Duration:00:03:58
Chapter 39: Branding
Duration:00:03:00
Chapter 40: Change-In-Control Payments and Stay-Put Agreements
Duration:00:02:55
Chapter 41: Conversion of Shares
Duration:00:04:59
Chapter 42: Customer Meeting Blitz
Duration:00:04:01
Chapter 43: Employee Meeting Blitz
Duration:00:03:45
Chapter 44 - No Longer Your Call
Duration:00:03:51
Chapter 45: Responsibility Changes
Duration:00:02:49
Chapter 46: Celebration Dinners
Duration:00:05:23
Ending Credits
Duration:00:00:05