Apex Success Stories #7: Assisting an Inexperienced Buyer
On average, businesses take 6-12 months to sell. Today we’re going to discuss a transaction that took three years from initial contact to closing.
On average, businesses take 6-12 months to sell. Today we’re going to discuss a transaction that took three years from initial contact to closing.
In 2006 most people had no idea what SaaS (Software As a Service) was. iLab had to educate their customers in this new way of buying and building software.
The steps you need to take to make your business ready for a long illness are similar to those when you want to take a long vacation.
Ephox was way ahead of its time, and two decades later, the rebranded firm, Tiny would be acquired for 10X its original invested capital.
We review a Letter of Intent, explaining the sell-side advisor’s role and the practical steps sellers should take when an LOI arrives.