Attorney Stephen Boatwright recently joined host Brian Franco, founder and CEO of Maritage Partners, on The M&A Guy Podcast to discuss the legal and strategic considerations business owners should understand when preparing to sell their companies, raise capital, or pursue an initial public offering (IPO).
Drawing on nearly 40 years of experience representing buyers and sellers in transactions ranging from several million dollars to nearly $1 billion, Steve shares insights into the complexities of mergers and acquisitions and the potential challenges that can arise before and after a transaction.
During the conversation, Stephen and Brian explore several important topics, including:
- Non-compete agreements: Why business owners should carefully consider post-sale restrictions and how those provisions may affect their future opportunities.
- Public vs. private capital markets: The advantages, challenges, and increased disclosure obligations associated with taking a company public.
- Market trends and valuations: How emerging trends, including artificial intelligence, can influence investor interest and company valuations.
- Buyer financing considerations: Potential risks associated with a buyer's ability to secure the capital necessary to complete a transaction.
- Shareholder alignment: Why resolving disagreements among business partners and shareholders before pursuing a sale can help prevent costly complications.
Stephen also emphasizes the importance of addressing internal ownership disputes early, noting that disagreements that may be manageable during normal business operations can become significant obstacles when a company is preparing for a sale.
The discussion offers practical insights for founders, business owners, and executives considering a future sale, capital raise, or other strategic transaction.
About our attorney
Stephen Boatwright handles public and private business mergers and acquisitions for buyers and sellers of businesses of all kinds. He advises companies in raising private equity and public financing, whether seeking initial funding, expanding the business through follow on funding or acquisition, or pursuing an exit strategy through an asset/stock sale or public offering.