TERRIS
FR / EN
TERRIS
Private list
FR / EN

Business acquisition

Sell your company
discreetly.

Terris buys holding companies, businesses, fonds de commerce and hotels in Belgium. Confidential NDA-protected process, indicative valuation within 7 days.

Confidential exchange +32 470 47 26 82

01 —What we buy

Companies, businesses,
activities to take over.

Our angle: deals where real estate, recurring revenue or hidden margins create value-add potential. Not pure M&A — M&A with operator logic.

01

Businesses with property

Activity + real estate. We take both, preserve the real-estate value and optimize the operation.

02

Fonds de commerce

Takeover of the business with commercial lease. Relevant when the lease has duration and controlled rent.

03

Hotels

Independent 3-5 star hotels in Brussels and major Belgian cities. Takeover in operation or conversion.

04

Holding companies

Family real-estate companies, patrimonial holdings. Share deal or asset deal.

05

Businesses with land

Garages, workshops, logistics sites, brownfields. The activity matters less than the land and its potential.

06

SMEs in transmission

Owners going into retirement, succession, exit. Typical ticket: €500k – €5M.

02 —Why Terris

Direct acquirer,
not broker.

With an M&A broker

  • —Multi-month mandate, exclusivity required
  • —3 to 10% commission on transaction value
  • —File circulated to multiple potential buyers
  • —6 to 18 months average process
  • —Risk of failure after public diffusion

With Terris

  • No mandate, no exclusivity required
  • No commission, net price for the seller
  • Single counterparty, no third-party diffusion
  • Indicative valuation within 7 days, LOI within 30
  • If we say no, we say it fast and clearly

03 —Process

From first contact
to closing.

  1. Step 01

    NDA

    First call, signing of a confidentiality agreement before any exchange of figures. No sensitive information circulates without NDA.

  2. Step 02

    Indicative valuation

    Based on 3 financial statements, lease (if applicable) and a short info-memo, we send within 7 days an indicative range and our interest.

  3. Step 03

    Letter of intent (LOI)

    If the valuation is accepted, we issue a binding LOI on price, calendar and main conditions. Exclusive due-diligence period begins.

  4. Step 04

    Due diligence

    Financial, tax, social, legal and real-estate audit depending on the structure. Conducted by our partners (audit firm, M&A lawyer, tax advisor). Standard duration: 4 to 8 weeks.

  5. Step 05

    SPA & closing

    Signing of the SPA (Share or Asset Purchase Agreement), notarial closing, structured payment per agreed terms.

04 —Confidential exchange

First contact
under discretion.

Describe the transaction you have in mind. We come back within 48h to schedule a call and sign an NDA before exchanging figures.

No detailed information requested at this stage

NDA exchange as soon as figures come in

Full discretion regarding employees, clients, competitors

Request received.

We'll come back within 48h to schedule a first call under NDA.

05 —FAQ

Selling to Terris,
frequent questions.

What types of companies do you buy?

Holding companies (SCI, holdings), businesses with property, fonds de commerce, hotels, businesses with land, SMEs in transmission. Main criterion: a value-add asset (real estate, brand, recurrence, hidden margin).

Average ticket size?

Generally between €500,000 and €5 million. Above that, we study in co-investment with financial partners from our network.

Asset deal or share deal?

Both. Asset deal if the vehicle's tax or social history is an issue. Share deal if the structure is sound and well-optimized. The choice is discussed based on your patrimonial goals and applicable tax framework.

How long does a transfer take?

From LOI signing to closing: 2 to 4 months on average, depending on due-diligence complexity. Express transfer possible in 6 weeks for simple files.

Is a representations & warranties clause needed?

Yes, it's standard for Belgian company transfers. We negotiate scope, duration and cap case-by-case, with bank counter-guarantee or escrow if needed.

What happens to the staff?

In share deal, employment contracts are automatically transferred (legal continuity). In asset deal, Belgian CCT 32bis requires takeover of staff attached to the activity. We commit to clear takeover conditions from the LOI.

Do you guarantee confidentiality?

Yes. All sensitive exchange happens after signing an NDA. No third-party diffusion, no commercial cross-check, no contact with employees or clients without your explicit consent.