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Preparing for Exit

11/02/2020 By Olly Wakefield

We are delighted to be hosting a panel event: Preparing for Exit.

Preparing for Exit is becoming a topic of increasing importance for the executive board and in particular CEO/Owners and Founders of SME's.

There are a huge number of obstacles to overcome when looking to exit, whether that is via a PE buyout, MBO or trade sale.

La Fosses's upcoming event will focus on PE Exits in particular, and particularly on topics including:  

  •  When to Exit
  •  Benefits of a PE Exit compared to IPO/ Trade Sale
  •  How to secure best value from the transaction
  •  Steps to take pre transaction to increase the multiplier
  •  How to choose your PE partner
  •  A typical transaction timeline (including necessary advisory partners)


La Fosse have put together an expert panel to advise and share the experience they have cultivated over decades across different Executive board functions including NED/Chair, CEO and CFO. To aid the conversation around securing best value, La Fosse will be adding an experienced Private Equity CTO to the panel to discuss the key changes that PE houses make which immediately add value from a profit/EBITDA perspective, and, if enacted in the 12 months pre-transaction, could help secure a higher sale price.


Our confirmed panel consists of:

Jonathan McKay- Chairman  Facilitator
• Jonathan has over 30 years of international experience in the software sector having worked in London, New York, Los Angeles and San Francisco
• He has been directly involved in 8 exits of varying scale, the largest being $800m. These cover both public and private transactions in the UK and the US
• He is currently Chairman of 6 UK based software companies and sits on the advisory board of a Chinese VC fund

Debbie Wosskow OBE- CEO Panellist
• Debbie Wosskow is recognised as one of the most prominent serial entrepreneurs in the UK, and was awarded an OBE for services to business in 2017.
• Debbie was the Founder and CEO of Love Home Swap, sold to Wyndham Destination Networks for $53m in July 2017, and Mantra, sold to Loewy Group in 2009.
• Debbie sits on the Mayor of London’s Business Advisory Board and was shortlisted for the City AM 2017 ‘Entrepreneur of the Year’.
• In January 2018, Debbie (with co-founder Anna Jones) opened The AllBright, the first members' club for working women in the UK.


David Kelly- NED/Chair Panellist
• David is a highly experienced Chair/ NED having sat on the boards of Camelot, Simply Business, Reach Plc, The Gym Group, On the Beach and Holiday Extras.
• David has been part of four PE exit processes in addition to being on two company IPOs (Lastminute.com and On the Beach)
• From an operational perspective, David was COO at Ebay.inc (Europe), COO at lastminute.com and Operations Director at amazon.co.uk

Andrew Coll- CFO Panellist
• Andrew is a hugely experienced CFO who has worked in PE and UK listed businesses within software, SaaS and technology
• Andrew was deployed as CFO into Calypso Technology (following acquisition by Bridgepoint and Summit Partners) and led the PE exit of Northgate Public Services (exit of KKR to Cinven)
• He has significant M&A experience, having led five in four years whilst at System C

Keith Newman- PE CTO Panellist

• Keith has vast experience in IT and PE, and a proven track record of managing significant change programmes, as well as stakeholder and relationship management.
• He recently moved into independent consultancy and has since held a number of interim CIO roles.
• Keith has proven to be skilled at leading through change and transformation in a way that will result in significant cost savings and efficiencies.


This event is targeted towards NED/ Chair/ CEO/ CFO's of companies who are looking to secure investment in the next 12-18 months regardless of whether the investment is to fully or partially exit, fund growth (organic or acquisitional) or consolidate the balance sheet.

Schedule

The event will take place on 20th November in Central London from 4:30pm to 6:30pm.

4.30pm - Arrive
5pm - Panel Discussion
6pm - Q&A
6.30pm - Networking

 

This event is hosted by Olly Wakefield.

Olly works within Interim Division, focussing on CFO and Finance Recruitment across all sectors, including Private Equity. He has over 10 years' experience in Finance recruitment and was previously a Director at a Financial Services specialist recruitment agency.

Get in touch:

Olly.Wakefield@lafosse.com

LinkedIn

 

Where to next?

Search our Interim Management roles here.

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