Description

In this episode of the Tech M&A Podcast, Ryen Leva, CEO of Infinity Software, shares his journey of growing and selling his family business. He discusses the importance of building scalable processes, the family dynamics involved in the decision to sell, and the critical aspects of pitching and due diligence during the acquisition process. Ryen also emphasizes the significance of effective communication with team members and aligning offers with personal and family goals. Finally, he reflects on life after the sale and the newfound freedom it brings.

Takeaways

• Build your company in a way that is forward-looking.
• Family dynamics play a crucial role in the decision to sell.
• Having a solid pitch is essential for attracting buyers.
• Due diligence is critical to prove the business's value.
• Effective communication with the team is vital during the sale process.
• Aligning offers with personal and family goals is important.
• Choosing the right advisors can make a significant difference.
• The sale can provide new opportunities and choices.
• Money doesn't guarantee happiness but offers freedom.
• It's essential to set clear goals before entering negotiations.

Chapters