Bursts of Color - Three Acquisitions
After a few slow years in M&A land, it has been wonderful to see three portfolio companies announce positive outcomes early in 2025:
I’m so happy for the founders and teams who have poured blood, sweat and tears into these ventures for many years. And in all three cases, the companies appear well set up to flourish in their new homes.
A few notes about these processes:
In all cases, the seeds of these relationships started years in advance (e.g., Munich Re led the Series A for NEXT Insurance back in 2017).
The M&A discussions themselves all took months from first proposal to agreement.
Two of the three acquired companies hired bankers; the third was advised by an M&A-experienced board member.
Even for those founders who never want to sell, meeting a banker or two can be helpful in thinking through a company’s market opportunity and “Zestimate.”
We are always happy to talk through ideas or make banker introductions.
