We've got a fast-growing global business with big value and potential, which we're keen to exit for personal reasons. We've spoken to M&A firms that suggest a subtle approach. There are plenty of ideal potential acquisitors. Spoken to a couple in other guises they're interested in, advised to be subtle about exit, but want to get on with it. Thoughts?
There are plenty of ways to present yourself that won't seem desperate, such as saying that you feel that your original vision could be better realized as part of a larger organization (either because more resources or complementary offerings) or the perfectly acceptable "founder wants to move on to other things"
Any buyer will be more interested in the potential post-close than in why you sell. Appease their fears about the quality of the business and the transition (retention of talent and management is often the #1 risk when buying a small business)
Answered 8 years ago
Access 20,000+ Startup Experts, 650+ masterclass videos, 1,000+ in-depth guides, and all the software tools you need to launch and grow quickly.
Already a member? Sign in