Ventures Publication Solutions Limited follows a streamlined Journal Acquisition process involving initial market research, identification of target journals, outreach to potential journal owners, negotiation of acquisition terms, formal agreements, and integration into their portfolio, ensuring a seamless transition and continuous support for editorial and operational enhancements.
Pre-Information Details:
– Provide essential details such as journal citation score, subject area, indexing details, and years of publication to the buyer for initial assessment.
Confidentiality Agreement:
– Provide essential confidentiality and privacy of the journal details
Detailed Discussion and Agreement Finalisation:
– Engage in detailed discussions with the buyer to finalize the terms and conditions of the sale agreement, ensuring confidentiality, non-disclosure, and full disclosure of relevant information.
Pre-Sale Agreement and Purchase Confirmation:
– Execute a pre-sale agreement outlining confidentiality obligations, non-disclosure provisions, and allowing the buyer to conduct due diligence on the journal. Determine the acquisition price and define payment terms.
Closing the Deal and Sale Agreement:
– Set a closing date for the purchase to officially conclude. Share the invoice for payment processing and execute the pre-sale agreement. Allow 30 days for project completion, including the transfer of administrator logins, CrossRef ID, DOI details, and journal system access.
Post-Sale Agreement:
– After the completion of all transfers and smooth transitions, execute a post-sale agreement. Ensure the transfer of intellectual property rights to the buyer and outline the seller’s post-closing responsibilities, such as providing transitional assistance.
