If I want to acquire or buy a good running IT company with existing projects and turnover in Media Tech / AI / ML where can I find one or how to approach the founders or board of directors of the company that I want to acquire outright? If yes will they agree to sell their running company for outright? Can anyone shed some light on this
you could look for companies that want to sell, needing investments, listed in platforms like smergers.com
You can contact them trough normal channels, linkdn or even their contact form. Back when i was in Investment Banking we closed a deal in the range of a couple of 100M trough an acquisition letter that came to the company's headquarters.
But i doubt that any IT company will take you seriously if you approach them directly if it will be your first transaction. So better to go trough an advisory or a reputable VC
An acquisition approach usually comes from an attorney specializing in mergers and acquisitions. An M&A firm may even have an active list of companies looking to be acquired. They certainly will have practice at making an approach that will more likely be received as credible than you acting alone. My suggestion is to start with a law firm. You'll need them anyway to complete any deal. Best to start professionally and talk through all your ideals and steps that would be involved, including any regulatory issues, before you go knocking on doors.