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Why do entrepreneurs transact?

Aug 8, 2014

Why do entrepreneurs transact?

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In the first seven months of this year we helped five entrepreneur-led firms achieve full or partial liquidity – it’s an integral part of what we do. (We also advised Goldman Sachs and Blackstone on a very large purchase of Ipreo; as well as advising another PE firm; a couple of VC-backed firms; and a public corporation. But those are other stories. This is about entrepreneurs.) Entrepreneurs have a wide range of factors that drive them to transact. (We never push. Our philosophy is: if you are growing, cash flow positive and having fun, why sell? But they do sell.) We’ve seen it all: entrepreneurs who are in love and want a change; and those about to get divorced and want cash. Some have simply been at it for a long time and decided it’s time to rest and relax, and some are ready for the next challenge. Whatever the rationale, we try to help. We’re the happiest when we help our clients achieve their goals and realize their dreams. Recent successful client examples include:

  • Three entrepreneur-partners who needed additional capital to help bring the firm to the next level.
  • Two founder-partners who, in 2008 when the global economy collapsed, almost lost everything. They persevered. Now it was time.
  • Another entrepreneur-client who had already started his next venture and wanted liquidity.

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