
Working Capital Adjustment: The Post-Close Surprise
The Check That Arrives After Closing The wire hits the account. The purchase agreement is signed. The attorneys shake hands, the advisors send their invoices,
Transaction analysis, market data, and sell-side process intelligence for founders evaluating or preparing for a liquidity event.

The Check That Arrives After Closing The wire hits the account. The purchase agreement is signed. The attorneys shake hands, the advisors send their invoices,

Seller financing in M&A represents one of the most versatile tools in the dealmaker’s toolkit, yet it remains misunderstood by many business owners approaching a

Private equity buyers rarely write a check for 100% cash at closing. Instead, they structure deals with a blend of cash consideration, debt financing, and

Non-compete agreements serve as critical protective mechanisms in mergers and acquisitions, designed to preserve transaction value by preventing sellers from immediately re-entering the market and

Escrow mechanisms stand as one of the most critical risk allocation tools in mergers and acquisitions. When a buyer acquires a company, the transaction closes

When a business owner sells their company, the transaction rarely ends at signing. Indemnification provisions create a mechanism for buyers to recover losses stemming from

Net working capital adjustments destroy more M&A deals at closing than any other single mechanism. Buyers and sellers spend months negotiating enterprise value, only to

Private business owners face a wealth concentration problem that most financial advisors never discuss. The typical entrepreneur holds between 70% and 90% of their personal

The wire transfer confirmation arrives in your inbox. Your business, the entity you built over years or decades, now belongs to someone else. The number

Sarah Chen (name changed) built a SaaS company that solved a real problem in healthcare operations. By 2021, her business had reached $8 million in

Maintaining confidentiality during a business sale represents one of the most critical—and challenging—aspects of the M&A process. When word leaks that a company is on

Partnership dissolution ranks among the most complex and emotionally charged transactions in business. When one partner wants to exit and the other wants to continue

Most middle-market business owners hire brokers expecting access to sophisticated private equity buyers. The reality proves disappointing. Despite representing quality businesses valued between $10 million

The market for selling private companies in the United States operates across a spectrum of deal sizes, each characterized by distinct intermediaries, buyer profiles, valuation

The instinct to search for a “business broker near me” reflects decades of conventional wisdom in middle-market M&A. Business owners naturally gravitate toward local advisors,

If you’re searching for a broker to sell your business, you’ve likely reached an inflection point. Revenue has stabilized, operations run without you micromanaging every
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