A Confidential Information Memorandum (CIM) is a detailed document prepared for prospective buyers that provides a comprehensive overview of a business being marketed for sale. While the exact content will vary depending on the nature of the business, a CIM typically includes key information such as a company overview, operational details, historical and projected financial performance, an overview of customers, market analysis (including competitive landscape), and the business’s unique selling points.
What is the purpose of the Confidential information memorandum?
The purpose of the CIM is to give potential buyers enough information to assess the opportunity and determine their level of interest, whilst maintaining confidentiality throughout the process.
