From M&A Lawyer To Escape Room Mogul - Lessons From My $26M Exit | Raleigh Williams
EPISODE 57: THIS WEEK'S GUEST - RALEIGH WILLIAMS
In this episode, Raleigh talks about:
In this episode, Raleigh talks about:
- Why business owners should trust their intuition when deciding when to sell their companies
- How to renegotiate business contracts to make them transferable in an acquisition
- When you're at the goal line, how you should focus on your why you are selling and not quibbling over every last dollar.
GUEST BIO:
Raleigh Williams is a former M&A attorney turned entrepreneur who quit his job as a lawyer to start an escape room business. Raleigh quickly expanded into multiple locations while adding trampoline parks, axe throwing and other entertainment venues. After six years of running his company, Raleigh tried to sell the whole pool of entertainment businesses to a single buyer.
However, he quickly learned that the buyers and investment bankers believed he needed to sell his assets piecemeal to maximize his outcome. By separating each asset, Raleigh was able to create more than $26 million in enterprise value, which he now uses to invest in and buy other businesses.
Today, Raleigh is the CEO of DealMaven.io, helping and investing in founders to structure and operationalize their businesses and create incredible exits.
I hope you enjoy my conversation with Raleigh Williams.
WHERE TO FIND RALEIGH WILLIAMS:
X (Twitter)
DealMaven.io
EPISODE REFERENCES AND READING MATERIAL:
The unbelievably lucrative business of escape rooms (MarketWatch)
