The
roofing contractors who become our exit planning customers often ask,
“Should I consider an outside sale of my company?” And my response is
always the same: “It depends on your personal, business, legacy, and
financial goals.” The answer is complicated but as simple as aligning
your goals.
In November 2023’s RC eMagazine, I wrote a
piece titled “Your Sale Options in a ‘Roofing Exit”; check it out for a
birds-eye view of your selling options. This column is devoted to an
overview of an outside sale to a competitor or private equity, what
companies make attractive targets, the overall marketplace, and the
sales process.