SOLD: Managed Cloud, Cyber Security & Analytics Company with 98% ARR
GillAgency
NOVEMBER 30, 2024
Selling a tech business with only the owner and a contracted engineer on staff requires a very specific buyer. When we first went to market, we secured an LOI quickly, and the due diligence went smoothly. But at the contract stage, the buyer—being a first-time buyer—made unreasonable demands, such as a 20-year indemnification period, far from the typical 12-18 months.
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