There are three primary ways an organization may join The Alliance.
- Through acquisition
- Through Strategic Affiliation
- Through a Technology Contract
In the case of the Alliance acquiring a for profit company, an asset purchase is negotiated following an official valuation of the company being sold. This scenario makes sense for owners of companies (which provide similar services) who wish to retire and need to migrate their ‘book of business’ to a successor. Whether trustee, conservatorship or guardianship services, oftentimes, owners are personally named in their clients’ court documents. This causes issues for succession planning, so selling that book of business to one of the Secured Alliance Affiliate Organizations addresses the problem of succession.
In the case of the Alliance acquiring a nonprofit organization, the book of business is absorbed by one of the Affiliate Organizations. Again, this scenario makes sense for founders/executives who wish to retire and need a method of offloading the client roster to a proven entity.
In either case, an acquisition would ultimately dismantle any existing boards, and only the employees, assets and liabilities would go on under the name and banner of an Affiliate Organization.
Secured Alliance is in negotiation with companies and organizations on all three fronts, and is expanding through this concept of “mergers & acquisitions” on an ongoing basis. There are other ways to collaborate, and Secured Alliance will entertain any proposal. To inquire, fill out the inquiry form below to get the ball rolling.