SEC issues first-ever guidance for privately held company M&A

The Securities and Exchange Commission has issued its first-ever guidance for mergers and acquisitions brokers who facilitate transactions between buyers and sellers of privately-held companies, according to a report from Healthcare Transaction Advisors.

The SEC issued the guidance through a no-action letter released in January 2014. The letter states 10 requirements that, if met, mean an M&A broker may:

  • Negotiate the transaction
  • Represent either (or both) the buyer and the seller
  • Advertise a privately-held company for sale with a business description, general location and price range
  • Receive transaction-based compensation without a limit on the size of the business
Read the 10 requirements on HCT's website.

More articles on transactions and valuation:
Should you sell your ASC? 17 questions to ask
Bradley Hospital opens ASC
Pain Specialists of Austin to open ASC in Killeen

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Webinars

Featured Whitepapers

Featured Podcast