Richard DallawayDec 1, 2024
@Jot something your network has experience with?
https://mastodon.social/@Goul/113573843155176055
Show threadJonathan MarkwellDec 1, 2024
@d6y @Goul Yes. But I don’t think they’re on this site. My understanding is that the market isn’t what it was a couple of years ago. Lots of “it depends” applies to this kind of thing. There are many ways to sell/exit. I made big mistakes selling a SaaS of my own via a similar marketplace in 2012.
Show threadGoul
@Jot @d6y thanks, really appreciate the response. It’s UK based and sub 1M and they are ideally looking for another s/w house to take it on. My concern for them was around how applicable it would be for a uk company. Hearing someone has gone through it in UK is a big help.
Dec 1, 2024 at 8:29pmIvory for iOS
Show threadJonathan MarkwellDec 2, 2024

@Goul is that sub 1M revenue, profit or expected valuation? Might be worth speaking to a broker like https://feinternational.com/ who also operate in the UK if any of those numbers are close to 1M.

Smaller transactions usually involve an asset purchase agreement rather than company sale. That makes the process much simpler.

James, who is written about in this article, is UK (Brighton) based and sold on the platform very early on: https://nocodeexits.substack.com/p/4-how-a-zoom-quiz-app-was-built-promoted

FE International: Technology M&A Advisor

Seamless, value-creating transactions for founders and business owners. We bring unrivaled M&A expertise and deep industry knowledge borne over 1,500 successful exits since 2010.

FE International
Show threadGoulDec 2, 2024
@Jot that’s sub 1M valuation. This is basically sole asset of the company (they contract through same vehicle, but are not attached to the name). They had assumed selling company rather than asset would be better tax wise, but you make a good point on complexity. I’ll pass on the link to them - thanks again for helping.
Show threadJonathan MarkwellDec 3, 2024
@Goul Yes probably better tax wise but might be harder/more expensive to sell. If you want to share more specifics you’re welcome to email me first 3 letters of my name at Inuda.com. Might trigger some other connections.