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Vicki Harris posted in the group The Community
Hi:) I have a client who is exploring buying their co-founder out of their business but they could do with some financial & legal advice on how to value the company and best do the transaction. If anyone has any expertise on this could you please share your advice in the comments. Or if would be interested in talking with them about working with them, please PM me. Thanks!
6 Comments-
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Thanks Ella for putting this in front of the right people! I’ve got 3 really helpful responses so far from people with diverse and deep skill sets which I’ve shared with my client to decide on how they’d like to proceed. Thanks everyone – your support is very much appreciated!
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That’s great to hear – thanks Vicki
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Hi Vicky, I am happy to have a chat. I have bought and sold businesses as well as raised funding. I do have to state that I am not a financial or legal expert but can give some unbiased experience-based advice. Best regards Damien
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Super thanks Damien! Sounds like great experience – I’ll get back to you as soon as I hear back from my client.
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I think it depends a lot on the stage of the company and business they’re in. Early stage it is a bit more guesswork and driven by investors or board assessment. Later it is a multiple of revenue, which varies between consulting/service business (2-3x) to tech/product-led businesses (>5x, or higher).
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Hi Vicki, great question thanks for sharing – Niall Brady, Stuart Prestedge, Kevin Withane, Fabio Pigo, Tony Smith, alilleyman, Damien, Aditya Das, Shamir, Vic Mistry, Abeed Janmohamed, Cristian Oancea, Tracey Rob Perera, Philipp von Bieberstein, Rus Newton, Paul David Mather, Francesca Laursen might be able to offer some advise