The Exit Process
The Seller's Journey
What is it really like to experience a fully-advised exit process? From your perspective as the founder, co-founder, director, shareholder, or CEO?
The Exit Journey with Cardin
How does it all go down, and what are the rules of the game? Our aim is to demystify all of the above. We answer the questions every founder asks:
- How long does it take, from the moment we are hired, to money in the bank?
- What is my time commitment as the CEO?
- How do I manage my team and board through the process?
- What are the most common deal killers, and how do we avoid them?
- How do I evaluate competing offers?
- What does a letter of intent actually commit me to?
- How do I defend value during due diligence?
- What happens to my team after close?
The Process
From Engagement to Close
Engagement & Preparation
Deep-dive with executive and management team. Build the target list, financial model, teaser, and CIM. Typically 4–8 weeks.
Market Process
Teaser distribution, NDA execution, CIM distribution to qualified buyers. Management presentations with shortlisted parties.
Letters of Intent
Receive, evaluate, and negotiate competing IOIs and LOIs. Advise on deal structure, valuation, representations, and exclusivity terms.
Due Diligence & Close
Defend value through the due diligence process. Coordinate legal, financial, and operational workstreams through to definitive agreement and close.
Ready to explore your options?
We advise a limited number of companies at any time. Get in touch to discuss your situation confidentially.