Anyone exited or exiting?

professional profile

October 08, 2024

by a professional from Northwestern University - Kellogg School of Management in Southborough, MA, USA

This site has been great talking about the buying process, but I'm really amazed I can't find anyone that has exited or is looking to shop their deal on the way out.

If you're exiting soon or have exited before, I'm curious about your experience!

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Reply by a professional
from Northwestern University in Southborough, MA, USA
Awesome! Congrats on the exit! My questions:

1 - Did you engage in a process with an investment banker, or were you approached?
2 - Did you fund your acquisition initially with equity you raised? If so, was the equity partner happy with the return? Did you meet your financial objectives you set out at first? i.e. "If we buy at 3x EBITDA, we can sell at 10x EBITDA" - did that come true?
3 - Are there any meaningful / material changes you're making the second time you're buying that were based on what you learned the first time in?

I owned my own company that I started and sold it, but I have never bought a company before. Just curious what sort of lessons I should be applying coming from the venture world to the PE world.

Thanks!
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Reply by an intermediary
in Raleigh, NC, USA
^redacted‌, I’ve exited my own companies twice. I’ve helped a dozen or so exit or fundraise. I am working with two to exit right now. What would you like to know?
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