Why do you do it?
Traditional investment banking firms have historically required their clients to be of a certain size and have a minimum financial wherewithal in order to meet the fee schedule required to get top notch investment banking services. We do not believe in this philosophy as it goes against everything we want to accomplish on behalf of our clients and we do not believe in only servicing large clients, ignoring smaller clients simply due to their size. Despite client size, all clients need trusted and unbiased corporate finance advice. Our goal has and always will be to provide trusted, innovative and cost efficient investment banking solutions to all clients, regardless of size.
What does your company do?
Genoa Partners is a privately owned investment banking firm dedicated to the corporate finance needs of growing businesses, their owners and intrepid entrepreneurs. We provide entrepreneurs and business owners with the trusted, innovative and cost efficient investment banking solutions in order to assist them in:
• Selling their business
• Acquiring competitors or other complimentary businesses
• Seeking growth capital from equity and debt investors.
What is your company’s mission?
Our mission is to educate our clients about mergers and acquisitions, growth capital markets and the importance of an experienced partner throughout an efficient investment banking transaction process. We strive to help our clients achieve their personal and business goals through trustworthy, unbiased corporate finance transaction advice.
Do you sign a confidentiality agreement with clients?
Yes. This is not only for their protection, but a policy of the firm as well.
Do you only work with clients in California?
We are headquartered in Costa Mesa, California and our Partners are based in Los Angeles and Orange counties however, we have clients across the globe, as far reaching as India and China and regularly serve clients nationwide.
Do you have a limit on clients?
Our Partners base their excellence on execution and we define our success by the strength and merits of these transactions. We are a firm built on quality, not quantity and will never over reach on volume if it compromises the quality of our work.
How are you compensated?
We are proud to have a simple fee schedule. Other firms ask for more, sometimes equity, warrants and other methods of payment. These alternative forms of payment can lead to conflicts of interest between the client and firm. Our compensation is based on a very conservative and modest monthly retainer that is netted against an ultimate percentage based success fee. We weight the success fee higher than the retainer in order to give confidence to our clients that we are all striving for a successful transaction.
How long does the typical transaction last?
Our combined experience over the past two decades has shown us there is no typical time frame for any single transaction. Several factors that can never be accounted for always come up which can either increase or decrease our time to closing. However, we can confidently say that for mergers and acquisitions, the typical timing could be anywhere from six to nine months and growth capital transactions, the usual timing could be anywhere from four to six months. Our process takes into account everything we can to make sure we have all potential timing setbacks accounted for ahead of time during our preliminary due diligence phase.
Do you have a minimum total fee (monthly retainer plus percentage success fee) required to be a client?
No. Having a minimum total fee goes against our philosophy of servicing all clients, despite their size. With that said, we do have minimum monthly retainers for each of our services.
What industries do your clients service?
We are an industry agnostic firm. Our Partners have experience executing transactions in Technology, Healthcare, Consumer and Business Services, Industrial and Manufacturing industries.
What items should I bring to an introductory meeting?
Just bring yourself. Our introductory meetings will focus on your goals, both business and personal, as it relates to our services. We look at each client very personally and take our relationships seriously.
What type of professionals do you typically coordinate with as part of a transaction process?
We would not be a successful firm without the support of our close relationships with transactional attorneys, CPAs, wealth managers and other arm’s length advisors to guide our clients. In any transaction you will typically need at least an attorney that has experience in the industry. Depending on your goals and the type of transaction, we would also like to include other trusted advisors to the client in order to maximize the total value our services.
If I do not have other arm’s length transaction advisors, can we still move forward?
Absolutely. We do not require our clients to have other advisors. However, our experience shows us that having other advisors earlier in the process will make the entire transaction both time and cost efficient and less burdensome on the owner.
Have you ever turned away a potential client?
We may decide to exclude a potential client from services is if in our own due diligence process red flags came up or if the potential client was being untruthful in representing themselves.
How do I get in contact with you?
You can reach us through phone and email. We are very open and will always make ourselves available. Our founding Partner and Chairman, Stephen Hsu may be contacted through any of the methods located on our website. His direct number is (310) 699-1862 and his email is email@example.com.
What does SEC stand for and why is it important to me?
United States Securities and Exchange Commission (SEC) is an agency of the United States federal government. It holds primary responsibility for enforcing the federal securities laws, proposing securities rules, and regulating the securities industry, the nation’s stock and options exchanges, and other activities and organizations, including the electronic securities markets in the United States. The SEC has a three-part mission:
• To protect investors
• To maintain fair, orderly and efficient markets and
• To facilitate capital formation