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
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
Selling a small business without a broker is both feasible and increasingly common among owners of enterprises valued under $5 million. The decision to pursue
Seller’s Discretionary Earnings (SDE) represents the total financial benefit a single owner-operator derives from a business in a given period. Unlike EBITDA or net income,
When a mid-market software company’s CFO casually mentioned an upcoming transaction to a trusted senior developer in 2023, the owner assumed discretion was implied. Within
The decision to sell to private equity represents one of the most consequential moments in a founder’s career. While PE firms bring capital, operational expertise,
When you’re looking at financial metrics, it’s easy to get lost in the details. EBITDA focuses on operating performance, while net income shows the whole
Subscription businesses often wrestle with picking the best revenue metric to understand their financial health and growth. CARR and ARR both track recurring revenue, but
A lot of people mix up fair value and market value, but they’re not actually the same thing. Both pop up in finance and accounting,
Selling a business is a huge financial move—maybe the biggest one you’ll ever make. But let’s be honest, most owners have no idea what a
Getting a business valuation is a must if you’re planning to sell, attract investors, or deal with legal stuff. But wow, the price can swing
Windsor Drake advises founder-led companies with $3M–$50M in enterprise value on sell-side transactions. Every engagement is partner-led from first meeting to close.
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