EASY. FAST. SEAMLESS.
The Partnership Process
At Sila Services, we pride ourselves on making the partnership process as easy and seamless as possible. We understand that effective partnerships can be complex, which is why we take a hands-on approach and offer support every step of the way.
Getting Connected
Sila is focused on building long-term relationships to build an industry-leading company for tradespeople. We don’t “do deals”, we invest in partnerships. That means that we start by getting to know great leaders and their companies and ensuring aligned values, visions, and expectations.
Fit Evaluation
Assuming we both see a potential fit, the next step involves the evaluation of a potential partner’s business. This includes analyzing basic financial data, understanding the strengths of the current team, and identifying areas where Sila could help accelerate performance and opportunities for your team.
Letter of Intent &
Due Diligence
Once both of us agree there is a potential fit, we will execute a Letter of Intent (LOI), agreeing on the high-level terms of an investment and go-forward partnership. Sila then conducts in-depth due diligence on all financial, operational, legal, and other aspects of the business to ensure we have a shared understanding of current and projected performance.
Integration Planning & Closing
With due diligence complete, Sila will work with you to finalize the go-forward plan for our partnership. This includes everything from the deal structure to the purchase price, to jointly developing integration and go-forward operating plans. There is never a one-size-fits-all approach or a “Sila Plan”. We customize a plan together so we jointly own its success and are equally excited about the future. With that in hand, the transaction is completed and funded and our partnership kicks off.
Seamless Integration
Our full-time, dedicated integration team members work with you to execute all the steps of the onboarding plan in line with our agreed upon priorities and timelines. We actively engage your team, deliver on our commitments, and rapidly expand your support to allow you to more successfully run and grow your business.
