We acquire to build lasting value

Whether you’re looking to step away or stay onboard, your company and legacy can continue to grow as part of Volaris

What to know before selling your business

Preparing for a potential sale? Decades of experience on both sides of the negotiating table have allowed us to craft an efficient, detailed acquisition process. Whether you partner with us or another firm, these resources are designed to help you navigate a successful sale.

What to Expect During Due Diligence

Why Your Business Needs an Information Memorandum

Realizing Your Business Goals to Make Retirement a Reality

Resolving Shareholder Issues Through M&A

How to Improve You Software Company’s Valuation

How to Gain a Deeper Understanding of Your Market

Thinking about the future of your software business?

Our Ultimate Guide to Selling Your Software Business shares practical insight from hundreds of acquisitions. Whether you’re preparing for a sale now or simply thinking ahead, it offers useful tips for understanding the M&A process and planning your next steps with confidence.
Download the ultimate guide

Acquisition Criteria

Technology

We acquire B2B technology companies that sell proprietary software solutions and mission-critical technology to the Hospitality industry and adjacent markets

Customers

We prefer companies with a diversified customer base, leading or increasing market share, and low customer attrition

Finances

We don’t limit our acquisitions by a certain annual revenue number but prefer companies that derive most of their income through recurring revenue models

Geography

Borders are not a barrier to acquisition – while our hospitality businesses are primarily in North America and Europe, Volaris has offices in 60+ countries around the world

Industry

Most of Volaris businesses sell solutions to a specific vertical or geographic market – for a complete list of the markets across Volaris, please visit our global portfolio

Size

Smaller businesses with as few as a handful of employees and larger businesses with hundreds of employees have found their home at Volaris

Mike Day

Founder, IndiCater
Rich Rund

Co-Founder, CaterTrax
Andrew Gould

Co-founder, Squirrels
Steven Pike

Managing Director, HGEM

The Acquisition Process

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Mutual Non-Disclosure Agreement

To keep your sensitive information private during the M&A process, we require a non-disclosure agreement (NDA) to be signed before sharing any non-public information. We provide an NDA template for faster execution or we can use your NDA.

Preliminary Information Request (PIR)

Sharing this preliminary information helps our financial team conduct an initial appraisal of your company which you will receive the results of in the next step, the indicative offer.

Indicative Offer (IO)

Based on a review of the information provided in the previous stage, Volaris can provide an indicative offer. It’s important to note that this offer is nonbinding. The indicative offer covers both the financial and non-financial aspects of the offer like the structure of the deal and how we see your company fitting in to Volaris.

Letter of Intent (LOI)

Once an agreement is reached on the heads of terms that have been discussed, a letter of intent (LOI) will be drafted by Volaris Group. This is a more formal offer that serves as an initial agreement between the buyer and seller. It should clearly define all commercial terms and outline key assumptions made by both parties.

Due Diligence (DD)

The due diligence process is where both the buyer and the seller look to validate assumptions about their relationship going forward. The ultimate goal is to eliminate any surprises that could pop up for either side after day one. The process can last between 4–8 weeks but varies greatly depending on the complexity of the business being acquired and the resources allocated from both sides.

Sales Purchase Agreement (SPA)

After due diligence is complete, both parties will review and sign the sales and purchase agreement (SPA). This agreement is the legally binding contract that outlines the agreed-upon conditions for the sale and purchase of your company. Within the SPA, you can expect to find elements of the deal like purchase price, closing date, and the details of what’s included and what’s not included in the sale.

Long-term Growth

In the initial post-acquisition phase, our team will support you through the integration process. This includes sharing the news with and answering questions from your employees and customers. Additionally, you/your team will be introduced to any new financial reporting requirements, best practice benchmarks, and the Volaris Group network. Before long, our team will be supporting yours as we all look to strengthen and grow your business.

Get in Touch

Connect with our team to expand your network, explore strategic partnerships, or discuss the future of your business. Whether you’re actively exploring options or simply thinking ahead, we value thoughtful conversations without pressures or timelines.