I'm pretty sure that my company is going through the process of being sold. Despite being in upper management, I am being told nothing about the process. However, from about March 2011 onward I have noticed many offsite business meetings, audit-type questions/documentation that suggest the due diligence process, and (in the past two months) huge offsite presentations.
What sort of timeline does the sale of a relatively small (20 or so people, maybe a couple million dollars/year) company have? Once announced to staff, how long does it take for changes (layoffs? culture changes?) to start going into effect?
I know that every company sale is different, and I have read the great advice on this question
, but I'm curious if there's anything resembling "typical" for the timeline of a sale, or your specific experiences in regard to the process and timing.