The general counsel of a highly successful technology firm contacted ResultQuest for assistance in building a background profile on a foreign group that had made overtures regarding the purchase of the company.
The founder of the firm had made no secret of his desire to sell his interest, and was introduced to one member of the group at an exclusive gathering of international dignitaries. This individual claimed the expertise to locate and qualify foreign buyers willing to pay "twice as much" for the company as American suitors had offered.
Working in conjunction with our international associates, we concluded that the main player in the foreign group was a high-level intelligence operative for a hostile government, and strongly warned the client of the potential vulnerabilities that might result from continued involvement. It was also revealed that the network of office branches the group claimed were merely fronts or postal drop addresses.
Since the early stage of the probe, it was our informed judgment that the approach was likely nothing more than a "fishing expedition" to glean useable intelligence from the client. Consequently, the client restricted the amount of information it provided to the group. Ultimately, our conclusion was solidified when the group failed to ever bring any viable investors to the table and the relationship was terminated by the client.
When you employ the ResultQuest team for help with company acquisitions, we bring to bear a vast array of specialists spanning the globe. Call us at 713-781-9040 for help in fully defining prospective agents and buyers - domestic or international.
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