How Do I Sell My Technology Company?
You have probably noticed all of the incredibly lucrative tech deals that have taken place in recent years. The technology business is booming, and large technology mergers and acquisitions are taking place all the time. Once you have built up your technology business to the point where it has significant value and you’re ready to sell, what’s the next step for Selling your Tech Company?
Here are four steps to keep in mind to maximize your chances of getting the best value when selling a technology company.
Steps to Sell a Tech Company
Get an overview of your Company
The first step is a confidential consultation. We will discuss any strengths and weaknesses of your company and get an idea of how to position it, who the potential buyers are, what type of recurring revenue you have, if any.
Review your Financial Information
Before you put your tech company on the market, we want to make sure the financial information is clear. We will look at your company from a buyer’s perspective to present the data properly. A Technology Business Broker with Synergy Business Brokers will help you position your financial information and your company as a whole.
Figure Out How Much Your company Is Worth
You may have a rough idea of how much your tech company may be worth, but you don’t want to leave anything to chance with a transaction this important. Synergy Business Brokers can provide you with a realistic estimate of what you can expect to get for it. This will put you in a much stronger position to negotiate.
Sell at 'High Tide'
You want to sell when sales are increasing — not when they’re down. Even if a sales dip is a function of forces unrelated to the value of your company, we'll discuss your options.
Contact a Qualified Technology Business Broker
Finding a quality business broker is the key to learning how to sell your technology business fast. You want a business broker with specific experience in the technology field who understands the market, knows how to price a technology business, and can get you the best possible deal. A business broker can use their network to locate buyers, and often you can make up their commission many times over in the increased amount you can sell your business for.
Sell Your Technology Business with Synergy Business Brokers
If you have a technology business and you’re ready to sell it now for maximum value, why not use the experts at brokering tech mergers and acquisitions at Synergy Business Brokers? We have over 15 years of experience selling businesses with annual revenues between $700,000 and $70 million in New York, New Jersey, Massachusetts, Connecticut, the Northeast, and throughout the US. We are the go-to broker to buy and sell a tech company.
Below are some of the technology companies that we have sold:
- Software Companies
- (Value Added Resellers VARs)
- CRM Software
- Artificial Intelligence Professional Svcs
- ERP Software
- Point of Sale Technology company
- Marketing Software Company
- Security Technology Company
- Internet Companies
- Hardware Manufacturer
- Workflow Software Company
- Wireless Tech Company
- Cloud Computing Companies
- Digital Marketing Agencies
- Healthcare Tech
- Supply Chain Tech Company
- EHR Software Companies
- SaaS Companies
- E-commerce Companies
- Managed Service Providers
- Patented Technology
- Website development
- Educational Software Company
- Telecom companies
Contact a Tech Business Broker
Many of our Senior Advisors come from the technology industry. Their backgrounds include executives who have built and sold technology companies in excess of $20Million, a VP of Information Technology at a Fortune 500 company, and M&A executives that have done deals with Cisco and many other large technology companies.
We have relationships with private equity firms and public IT companies. We can guide you through the sale process. Having worked with many tech businesses for sale, we understand the importance of finding someone that appreciates your employees, customers, and intellectual property. This will lead to a smoother due diligence and exit process. We are one of the top Rated technology Business Brokerages in the United States. Tech Business Owners know us and are a source of referrals to other tech entrepreneurs.
We know the tech industry, and we are confident we can find the right buyer for your technology business. For a confidential consultation on your potential tech sale, give us a call at 888-750-5950, drop us a note at [email protected] or fill out and submit our simple online form. There’s no need to wait — get in touch with us today! If you would like to buy a technology business, please view our current: Tech Companies for Sale.