Would a third party close the business post-sale?

Short Answer

Strategic buyers are generally less likely to close a business location post-acquisition (in the interest of maximizing synergy) compared to financial buyers, who may be more willing to make operational changes to improve profitability and returns on their investment.

There are no "hard and fast" rules for how third party buyers will treat employees post-acquisition.

However, strategic buyers are generally less likely to close a business location post-acquisition (in the interest of maximizing synergy opportunities) compared to financial buyers, who may be more willing to make operational changes to improve profitability and returns on their investment.

Tennessee Center for Employee Ownership