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From mission to exit: What triggers others to sell their business?

From mission to exit: What triggers others to sell their business? image

From mission to exit: What triggers others to sell their business?

We explore the complex journey that leads founders to sell their businesses.

It’s often not a single event but a gradual realisation, as exemplified by our client Ian Traquair.

After the tragic Piper Alpha oil rig fire in 1988, Ian developed the offshore workforce safety system EPIC, driven by a mission to enhance safety in the industry.

Fast forward to 2021, when EPIC was sold to MarineGuard. Join us as Ian shares his insights on recognising the right time to plan a sale and how a 3am call influenced his decision.

Whether you’re a founder contemplating a future exit or simply curious about the process, this conversation offers valuable lessons and inspiration.

We knew for 10 years that we'd sell the business

In a family business, there's often a moment when the owners realise there's no one else to take over the reins. That's exactly what happened at modular buildings specialist AV Danzer.

Ten years before they sold, the shareholders knew they would have to sell the business to an outside party.