You have been doing this a long time and are ready to let a trusted partner take your business to the next level. You want to take some chips off the table, but remain committed to the future success of your business.
Skyway will purchase the majority of your company and deliver sizeable cash proceeds to you. You will have a continued equity ownership and a role in the ongoing evolution of the business.
The benefits of such a transaction are considerable for both you and Skyway. You will have achieved personal liquidity without retiring. You will be able to diversify your net worth, address estate considerations and be freed from the burden of personal guarantees. You will also have partnered with a strong financial partner that has the ability to fund the future growth of the business. Skyway will benefit from the continued cohesion of the corporate culture and the insights of the person who knows the company best.
Aligned as equity partners, Skyway and you will endeavor to deliver on a plan to scale the business and ultimately exit when the time is right, allowing you to benefit from the appreciation of your remaining equity stake which often is more valuable than the cash delivered at the initial recapitalization.