Why is a private buyer a sensible option for a seller?

There are many facets a private buyer can bring to the transaction which are deemed very important by the seller and hence, why a private buyer is seen as a credible option, including:

• Preservation of the owner’s legacy
• Retention of all existing staff
• Continuation of business at the existing site(s)
• Business as usual post completion
• Peace of mind from the buyer being seen as a “safe pair of hands” to operate the business in future
• Future development of the business from the foundations built by the owner(s)
• An option for the seller to retain some equity if they so wish
• An ongoing role in the business for the seller, offering a partial retirement option if required