
Insights
Videos, articles, & advice from Kirk and his network, to help successful founders find better outcomes.
What is a Fundless or Independent Sponsor?
If you're a founder selling your business, and your buyer is a financial sponsor, it's important to know the difference between a traditional private equity firm and an independent or "fundless" sponsor...it matters.
Getting Penalized for Great Results During the Pandemic
Many Sellers are finding that buyers, whether strategic or financial, are discounting exceptional 2020 results as fluke or non-repeatable because of consumer behavior in the new normal. But there's a cure for this 'EBITDAC Adjustment' and we can help!
Seller Expectations and Market Realities
The gap between Seller Expectations and Market Realities in buyouts can often be solved with structure; earn outs, rolled equity, seller notes, and other tools. With a willing buyer and motivated seller, there's always a way to get a deal done.
You May Not Get as Much Cash as You Expect When Selling Your Business
Founders are often surprised to learn that most buyouts won't result in them receiving 100% of their proceeds at the close of escrow when selling their business. Deal terms and structure make a massive difference - be careful!
What do Deal Professionals Mean by Dry Powder?
Founders often ask us what investment bankers and M&A professionals mean when they talk about all the "dry powder out there". And maybe more importantly, why it should matter to them. Here’s a quick primer on why this might matter to you…
What Does it Mean for Founders to “Take Chips Off the Table”
What does it mean for Founders to “take chips off the table”? Many small business owners paused sale or transition plans due to the pandemic, but data from M&A sources continue to point to this being a unique moment with plentiful inexpensive capital for buyers, making it a seller’s market for high quality companies. Just might be time to find out what those M&A types mean when they talk about “taking chips off the table” …
Is This a Good Time to Sell?
Founders are asking us if they should hold off selling in the pandemic. Surprisingly, the answer has more to do with the dynamics of their business than outside factors…
How can Candor Advisors Help my Business?
Founders are busy! They need us to be clear, quick, and specific when they ask, how can you help my business? Candor Advisors works with one kind of client in 3 specific ways…
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- Business Assets 2
- Business Broker 1
- Business Buyer Types 5
- EBITDA 13
- Employees 1
- Exit Strategy 18
- Exit planning 17
- Founder to Employee 4
- Guest Podcast 2
- Guest Post 14
- Independent Sponsor 6
- Investment Banker 15
- LOI 4
- M&A Lawyer 3
- Mergers & Acquisitions 44
- NDA 1
- Negotiation 9
- Predatory Buyers 9
- Private Equity 35
- Recurring Revenue 3
- SPACS 4
- Selling Shares 3
- Selling Your Business 152
- Terms 8
- Timing 2
- Transition Planning 1
- Unsolicited Offer 9
- ebook 7
- esops 3
- market update 3
- re-trade 1
- saas 1
- structure 3
- sxsw 2
- taxes 2
- valuation 1
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