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Hi Guys,
One of our clients is considering purchasing another business in town - same industry.
Their main business is outside of town by about 15 miles, but the new business currently serves the city without issue (no physical address for the new business, but may set up a physical location).
They are deciding whether to operate as TWO businesses or merge into one single company. While there are other logistics, one of the items has to do with the GMB and Reviews of the new company. The company they are looking to acquire has just over 100 reviews. If they merge into a single company, can those reviews be merged/transferred into the acquiring/original company?
The acquisition allows them to creep into the city market easier with an established base. They were doing this already with the existing company, but the acquisition will act as a springboard and speed up the process completely.
Any thoughts?
One of our clients is considering purchasing another business in town - same industry.
Their main business is outside of town by about 15 miles, but the new business currently serves the city without issue (no physical address for the new business, but may set up a physical location).
They are deciding whether to operate as TWO businesses or merge into one single company. While there are other logistics, one of the items has to do with the GMB and Reviews of the new company. The company they are looking to acquire has just over 100 reviews. If they merge into a single company, can those reviews be merged/transferred into the acquiring/original company?
The acquisition allows them to creep into the city market easier with an established base. They were doing this already with the existing company, but the acquisition will act as a springboard and speed up the process completely.
Any thoughts?