Exit Planning
Transition on Your Terms
True North Mergers & Acquisitions exit planning advisors adopt a personalized approach to empower business owners to craft a thorough strategy for their transition. We take the time to truly understand your personal and financial aspirations, guiding you to unlock the maximum value of your company.
When the time comes to sell, retire, or transition for any reason, our advisors ensure a smooth handover to a new owner or successor. By harmonizing your business, personal, and financial goals, we create a tailored exit plan that reflects your unique circumstances, setting you up for a successful future.
The Role of M&A Advisor Planning Your Exit
An exit planning advisor empowers business owners, guiding them through one of the most significant moments in their lives—transitioning out of their company. Additionally, an exit planning advisor offers the unbiased expertise that business owners require to:
- Assess their personal and financial goals
- Evaluate the strengths and weaknesses of their business
- Determine the business's value and establish a realistic selling price
- Ensure confidentiality throughout the process
- Identify quality buyers who are financially capable and share the seller's values and vision
Our Business Valuation Process
During the exit planning process, we utilize various valuation methods, with three of the most common being:
- Comparable Company Analysis (Comps): We analyze recent sales of similar businesses in your industry to understand current market multiples and trends. Market multiples represent a company’s value relative to its financial performance, and understanding them helps establish a realistic value range based on what buyers pay for comparable companies.
- Discounted Cash Flow Analysis: This technique assesses a company's potential future value based on its cash flow. It works backward from projected future values to determine the present-day worth, instilling confidence in its accuracy.
- Asset-Based Valuation: This approach focuses on determining the value of a company's assets after subtracting its liabilities.
Optimal Timing for Your Business Sale
The best time to sell is when your business is doing well and profits are high. This strategic move will make your business more attractive to buyers, putting you in control of the selling process and ensuring you get the best price. If your company isn't at its peak, we can advise you on how to position it for sale best.
Our Confidentiality Protection Process
We prioritize our clients' confidentiality by carefully vetting and qualifying all potential buyers. To protect your information, we require each buyer to sign confidentiality and non-disclosure agreements. Additionally, we do not share sensitive details about your business with prospective buyers without your explicit consent.
Your Role During the Sales Process
We will present you with the information necessary to make the critical decisions, our team manages the entire selling process, allowing you to continue operating your business without interruption or distraction. The biggest mistake an owner can make is taking their foot off of the gas, and the business loses momentum, devaluing the market price.
Self-Assessment: Your Exit Readiness
Consider these critical questions as you prepare for your business transition—your answers will significantly impact the exit strategy and your post-business life satisfaction:
- What will I do after I leave the business?
- Are my goals, such as retirement, dependent on the proceeds from the sale of my business?
- What is my succession plan?
- What type of person or entity do I want to take over my business's operations? Defining a clear succession plan provides security and confidence in my business's future.
- How should the transition look for my customers, employees, and vendors? It is crucial to plan these transitions carefully and responsibly for the well-being of your business community.
Let our elite team of advisors guide you towards a better solution for your financial future.
Recent Transactions
Medical companies with $10M to $150M in revenue turn to Randy Krivo and the team at True North Mergers & Acquisitions when it is time to sell. Here’s our recent healthcare M&A activity:
It’s Our Culture That Makes Us Different
We Take Action
Our professional advisors bring perseverance, problem-solving, and a “get it done” attitude to the table.
Our Team Works Hard & Plays Hard
We balance a strong work ethic that brings profitable results to our clients within a culture that celebrates the process.
We’re Leaders In More Ways Than One
At True North Mergers & Acquisitions, we’re a leader to our clients, a leader in the marketplace, and leaders to each other.
We Believe in Teamwork
We bring our whole selves and work as a team to deliver world-class service to our clients.
Help People First & Success Will Follow
We’re devoted to encouraging, equipping, collaborating and uplifting all who come in contact with us.
It’s All About Servant Leadership
This is the core purpose of why we exist — placing the needs of others before ourselves. Success will follow.
Our Advisors Bring You Expertise, Market Knowledge & Industry Contacts
Meet the people of True North Mergers & Acquisitions — a team of high-caliber advisors and industry experts who will rally for you.
Dan Sundin
Tim, you did a fantastic job from start to finish, explaining the process, exercising patience and good judgment as needed, teaching, and guiding us all the way. I watched in awe as you gave counsel to us as well as the potential buyers – working your magic to create excitement on both sides for the potential we’re realizing today – thank you!
Clay, you impressed from the first meeting – you won me over quickly with your professional demeanor, presence, and ability. Your work ethic was evident as you plowed through our data and reached out to me evenings and weekends, ensuring the numbers and our true financial opportunity unfolded accurately and enticingly to our prospective buyers.
$10M - $150M
TYPICAL TRANSACTION SIZE
30+ M&A
PROFESSIONALS
$4B+
TRANSACTIONS CLOSED
$120M
LARGEST TRANSACTION
300+ Years
COMBINED ADVISORY EXPERIENCE
What Our Clients Say About Partnering With Us
Our advisors’ decades of experience, market knowledge, and industry expertise have proved invaluable to our clients. Here’s what they say about working with the True North Mergers & Acquisitions team.
