Are you Ready to Sell?
Get evaluated to see if your business is ready to sell or what you need to do to prepare. This 60-minute consultation with an experienced investment banker will provide invaluable advice at a critical juncture.
We will discuss the personal and business factors that determine when it is a good time to sell your business: what are some personal/family/health factors to consider, how much runway is needed from you and others on your team, where is your business in its life cycle, what does your current pipeline look like, including some low and high hanging opportunities.
These are the key areas that will be covered during a Sale Readiness Audit:
- Getting The Best Value
- Current Market Forces
- Ideal Go-To-Market Strategies
It’s simply better to know. Enter the process with a deep understanding of what’s needed to succeed and close the deal, as well as getting the top value on your terms.
1. Getting The Best Value
2. Current Market Forces
3. Ideal Go-To-Market Strategies
Are you Ready? Get a Free Audit.
What Our Clients Say About Us And The Process
Past client experiences
We worked with the principals at Persient on business assessments over a period of many years even before their current configuration. The team took time to understand just what we were looking for and why it wasn't just an "out of the box solution". They were always responsive in their delivery and understanding of our deadlines. They were insightful in their interactions with management and board and a pleasure to work with. Their assessment and understanding of both our industry and our ownership dynamics assisted with our internal discussions and approvals.
From the day we started the process, I felt like we were one team with a shared mission to find the best strategic and economic partner for my business. [You folks] took the time to learn my business and articulate my value proposition; they diligently pursued all opportunities well beyond just the low hanging fruit; and they never missed a deadline. I liked that [they] are industry agnostic. I think it made them look harder for potential deals without pre-conceived ideas or existing relationships on the buyer’s side. What’s more, they were an absolute pleasure to be around. I could not have asked for more and would recommend them to anybody. I can honestly say I feel they earned every penny of the fee – and I’m not very sure most sellers can usually say that about their bankers!
We chose [them] because of their independence, confidential outreach and capability to provide an extremely tailored approach. The team worked with us intimately to understand our science, MOA and positioning, and with a very disciplined approach reached key decision makers of domestic and international big-pharma and biotech companies on an expedited basis. They made the entire process extremely easy given their preparedness, transparency and in-depth insight of strategic players who would have an interest in our platform.
While we have been approached in the past with potential acquisition inquiries, they never resulted in a successful deal for one reason or another. Working with [them] allowed us to attract not only strong interest in the company, but also highly detailed, quality offers from multiple parties, including private equity firms and large, multinational firms from Asia and Europe. As a result of their strategic, proactive approach, we were able to get higher EBITDA multiples than we thought possible and we were able to choose the ideal buyer for our company, with the skills and resources that will enable the company to grow and thrive in the years ahead.
After owning my company for 21 years, I decided it was time to sell and move on. I spent many years in the mortgage industry as my line of work and buying and selling homes was second nature, how hard could it be? However, with all my research, I learned selling a company could be a very stressful and emotional transaction, significantly different from selling a home. So, I took the advice from many and interviewed several banking M&A firms and decided to go with the principals of Persient. I felt their passion and experience set them apart from other M&A firms I spoke with. As we went through the arduous process of selling my company, their attention to detail, step by step support, and friendship we built along the way was priceless. I highly recommend [them] and I'm grateful for their help and guidance through this entire process. I always felt they had my best interest at heart.
After receiving an unsolicited indicative offer, we knew we needed a partner who could help us negotiate and navigate the transaction process. Persient’s principals came highly recommended from a colleague and we quickly engaged with them. They negotiated favorable terms for us and made due diligence seamless. With minimal burden on me or my team, we were able to close the transaction in only 45 days – in the depths of the pandemic. Undergoing a transaction can be highly stressful and time consuming, but they made it painless for us. I would highly recommend them to anyone.
I have loved working with you two. You SO deserve it after what you have put up with from our company. You guys are top notch and I have really enjoyed getting to know you. I hope our paths will cross again one day and I have no doubt that perhaps we will work together.