Planning Your Exit Before You Invest

It's tempting to defer exit planning until a business is performing well and buyers start calling. We do the opposite: every investment starts with a working exit thesis, whether that's a strategic sale, a sponsor-to-sponsor transaction, or a recapitalization.

That upfront thesis shapes decisions throughout the hold period — which growth investments matter most to a future buyer, which operational gaps need to close, and when market conditions actually favor moving.