4 Non-Financial Reasons Owners Sell
& Atlasview Selected in Axial’s 2024 Top 50 Technology Investors
Happy Monday folks!
Thanks for joining us for another edition of Atlasview Insights. We use this newsletter to share our strategies, philosophies, experiences, and lessons we’ve learned along the way. Small bite-sized insights for business owners, dealmakers, and investors.
In this newsletter, we cover:
Axial’s 2024 Technology Top 50
Our Investment Criteria
4 Non-Financial Reasons Owners Sell
ICYMI - Popular Previous Issues
Our Deal Process
Make sure to subscribe and if you enjoy the content, we'd appreciate you sharing it with your network.
Announcement: Atlasview Selected In Axial's 2024 Technology Top 50 List
We are honoured that Atlasview Equity Partners was selected in Axial’s Top 50 Lower Middle Market Technology Investors for 2024. For the full list, check out the full article here.
Have An Opportunity For Us?
Before we jump into this issue, a quick reminder, Atlasview Equity Partners is a private equity firm acquiring and investing in software, business services, and other asset-light B2B businesses. For platform investments, we look for:
Business Model: software, business services, other asset-light
Business Size: minimum $2m EBITDA or $10m revenue
Business Profile: sticky B2B customer base
Business HQ: US & Canada
For add-on acquisitions for our portfolio companies, we have no size/geography criteria. We’re actively seeking add-ons in the library, legal, and government niches.
Whether you’re a business owner interested in working with us, or an intermediary with a deal to share, always feel free to contact us!
4 Non-Financial Reasons Owners Sell
As a buyer of owner-operator businesses, Atlasview has encountered all kinds of reasons why owners look to sell their businesses. Sometimes it’s financially driven - business owners are looking for a well-deserved payday and want to diversify their net worth. But sometimes, the reason for the sale has little to do with money.
Here are 4 common non-financial reasons owners look to sell their perfectly healthy business:
Retirement – children don’t want the business, there is no internal succession plan, and eventually the owner wants to stop working full-time to enjoy retirement with their family. Finding a replacement CEO is no easy task and this is something Atlasview can certainly spearhead. We tap into our extensive network and bench of experienced recruiters to find the perfect fit, both strategically and culturally, and ensure a smooth transition.
Partner Dispute - the business has more than one owner and the owners have differences in strategy, preferences, or work style. A dispute could catalyze the sale of all or some of the business. Atlasview has experience with situations like this and can come up with a creative structure to ensure all parties win.
Burnout – running a small business is no walk in the park. Many owners, who often wear multiple hats, run out of energy to keep dealing with employees, customers, and or general operations. Atlasview has a proven playbook to streamline operations post-acquisition. With help from our operating partners, we look to alleviate bottlenecks the business may be experiencing.
Tragedy – adverse health/marital/family situations might catalyze a sale, as the owner needs the liquidity (and free time) for personal reasons. In sensitive situations like this, Atlasview is more than happy to execute a discreet and fully confidential transaction. We have deep respect for business owners who have built a successful business and vow to protect their legacy as the new owners.
None of these reasons have much to do with money or the owner’s confidence in the business. It’s always an important distinction for us, to separate between the quality of the business and the owner’s reason for selling. If you’d like to start the conversation about selling your business, always feel free to reach out to us.
In Case You Missed It
Here are some of our previous popular issues:
Our Process at Atlasview
We pride ourselves on having a simple and transparent process. Our streamlined process enables us to move quickly to get you answers fast.
Step 1: Contact Us
Step 2: Execute NDA & Schedule Call
Step 3: Receive Offer & High-Level Terms
Step 4: Execute LOI & Complete DD
Step 5: Close Deal & Receive The Cash
Step 6: The Fun Part Begins!
Whether you’re a business owner interested in working with us, or an intermediary with a deal to share, always feel free to contact us!
About Us
Atlasview Equity Partners is a private equity firm acquiring and investing in software, services, and other asset-light B2B businesses. We combine patient capital with proven strategies to deliver predictable results for our stakeholders.