Not All Business Exit Options Are The Same

After a referral, I engaged Platform 1 to facilitate a challenging succession plan for my business. It has been highly successful and I’m delighted with the result and the successful candidate. I highly recommend Platform 1 for business owners wishing to transition out of their business over time while realising great value.

We engaged Platform 1 to assist with the appointment of a General Manager with a view to succession planning. One of the unique features was the introduction of a mentor for our organisation. This has proved to be an extremely successful commercial arrangement.

I was tired and saw business opportunities but did not have the time or enthusiasm to realise the growth. Platform 1 found a leader who will buy me out over 5 years and set up an advisory board for governance and to ensure we stayed on track. I am pleased to say that with the help of Platform 1 we are well on the way to doubling the size of our business and I can see a business exit for me that will deliver more wealth for a rewarding lifestyle.

Our business was the leading player in its FMCG category with strong export and ran as a family business until I needed to be less involved. We worked with Platform 1 and were able to appoint a new leader who took an ownership attitude and worked closely with me. They quickly got to grips with the business and made some strong gains, until an approach from a major industry player “made us an offer we couldn’t refuse”. The partnership with Platform 1 worked smoothly and gave us some excellent options for talent.

Our experience with Platform 1 helping with the sale of specifically my shares of our ongoing business has been excellent. Finding a new Business Partner who must be compatible with the continuing shareholders can be tricky unless you spend a lot of time together. Their methodology allows for just that to happen and worked a charm. Platform 1's efforts were outstanding and yielded a broad range of qualified parties interested in taking up the opportunity offered.

I can’t speak highly enough of Platform 1. Not only is their service polished and professional, but they really went the extra mile in smoothing out any road-bumps along the way. The Platform 1 process is low risk and affordable which provided me with peace of mind and confidence in my investment. I highly recommend Platform for anyone seeking to enter the business world seamlessly and securely.

The experience has far exceeded my expectations. The care and experience which the Platform 1 team bring to the process is invaluable, and almost guarantees success. I would recommend Platform 1 without hesitation or qualification.

We found it invaluable to have Simon as an independent third party, helping us both to navigate the sensitive issues. If you’re going to work together successfully you need to arrive at a point of agreement with both parties feeling comfortable about how they got there. Simon’s involvement enabled us each have our say on the more difficult issues with Simon guiding us both to the sensible landing place on any issue.
Simon has been diligent in keeping us on track with regular scheduled meetings and that will continue for some time.

We wholeheartedly embrace and recommend the Platform 1 process and Simon’s role in getting our deal across the line.