Start with your business and your priorities. Explore fit, agree a written pathway where aligned, and plan the transition alongside focused diligence. The conversation starts with a confidential introduction and a preliminary fit review. Where appropriate, confidentiality arrangements, any exclusivity request, indicative terms, focused diligence and conditions are discussed with the relevant advisers; nothing is committed until agreed. Transition planning covers handover, team continuity and operating leadership, with the detail considered case by case.