I achieved a stellar exit by applying fundamental principles that I can help your business to emulate and successfully adopt
Method
- Secured seed investment from Midven in December 2010, plus further investment in June 2012
- Developed and iterated innovative digital solutions to meet identified market needs
- Built and retained a streamlined but high-functioning, motivated and dynamic team of 11 people
- Expanded beyond the UK into the Canadian market by securing government contracts, and into the US market through channel partnerships, demonstrating future growth potential to prospective acquirers
- Harnessed data reporting to showcase product efficacy to customers and maximise perceived value
- Established an exceptional track record of customer retention and contract renewals
- Applied tight cost control to preserve cashflow and maximise EBITDA and hence exit value
- Engaged specialist M&A advisors and worked closely with them to generate competitive tension
- Acquired by LifeWorks, a publicly traded Canadian company, in January 2022 – then became part of TELUS, a major Canadian conglomerate, through its acquisition of LifeWorks in September 2022