This case study will walk you through a real scenario in which BXO engaged a business owner who was in the process of selling his business. The BXO team was asked to step in and analyze the current offer to decide if the offer was the best for the owner. The owner was introduced to BXO by their banker. The business owner just received a Letter of Intent (LOI) from a prospective buyer for $40 million. The banker thought the offer was low and called BXO to meet with the owner to discuss the terms.