{"id":20,"date":"2026-10-23T00:45:08","date_gmt":"2026-10-23T00:45:08","guid":{"rendered":"http:\/\/newmancos.com\/?page_id=20"},"modified":"2026-10-24T03:01:55","modified_gmt":"2026-10-24T03:01:55","slug":"sell","status":"publish","type":"page","link":"https:\/\/newmancos.com\/?page_id=20","title":{"rendered":"SELL"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">CREATE MORE VALUE BEFORE YOU SELL<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">NMC&#8217;s team has led or co-led diligence and valuation work on more than $250BN of bids, acquisitions and mergers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We know how buyers work. They find the problems sellers would prefer to keep hidden and use them to negotiate a lower price. Then they capture the quick upsides after closing for themselves.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We bring that expertise to sellers. Fix the deal killers before a buyer finds them. Capture the upside yourself, before you sell.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Examples:<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\">Global luxury fragrance brand<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">An orphaned, declining brand in a PE portfolio needed an exit. We identified $6.5M of profit and efficiency improvements, plus simple brand extensions that lifted growth to 15% a year. Sold to a strategic buyer within two years at an enhanced multiple.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">National specialty retailer<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The category leader had maxed out its credit lines, and growth had stalled. We leveraged an under-valued asset: store traffic. A new dealer program let select partners pay to have a store built on their own lot and capture a 40\u201360% lift in their revenue. Within three years it added $180M of revenue and $14.4M of annual EBITDA. Profits and enterprise value doubled with no new capital.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Mining equipment rental and services business<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">To support an IPO, we developed the business case for expanding mining equipment rentals into North America. The work supported a much larger addressable market and a higher growth case, leading to a successful IPO.<\/p>\n\n\n\n<div class=\"wp-block-group alignfull has-base-color has-accent-4-background-color has-text-color has-background has-link-color wp-elements-1 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"padding-top:var(--wp--preset--spacing--50);padding-bottom:var(--wp--preset--spacing--50)\">\n<h2 class=\"wp-block-heading alignwide\">TAILORED EXITS: WHEN AN AUCTION IS THE WRONG ANSWER<\/h2>\n\n\n\n<p class=\"alignwide wp-block-paragraph\">Some businesses are too complex, sensitive or dependent on key people for a conventional sale. NMC structures management buyouts and buy-ins that deliver liquidity, preserve essential capabilities and give management meaningful ownership. We develop the valuation, transaction structure and management incentives, assemble the financing and manage the process.<\/p>\n<\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Typical situations<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Non-core subsidiaries of larger companies\/Joint Ventures: Too risky or too revealing to auction. A management buyout delivers liquidity, limited disclosure and less disruptive transition.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Private owners who want to stay invested: A sale to private equity or a strategic buyer often replaces the team that built the company. Many owners may achieve an attractive financial outcome through a structured sale to management and stay partially invested to share in the upside.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Skill- and expert-intensive businesses: Businesses in which the core assets walk out of the door every night, such as medical and professional services, rarely make good LBO candidates. Larger ones can succeed, but mid-sized and smaller LBOs and roll-ups often struggle and end up lender-owned. Exits from these situations are often best handled as a management buyout or management buy-in.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">NMC works with owners and lenders to develop the strategy, valuation, transaction structure and management incentives, and arrange the required debt and equity financing.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Examples<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\">Major film studio&#8217;s licensing division<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">A breakeven business being prepared for sale. We found and executed $7M of savings and detailed a further $18M from nearshoring operations. Our work ensured the business was sold through a management buy-in at a very high multiple, driven by both.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">European media group<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Worked with one member of the owning media consortium to buy out the others. Replaced departing executives, cut the workforce by 70% with management, and relaunched the channel. We also built a licensing and scheduling software system later sold to the distribution divisions of five of the largest motion picture studios.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">[Discuss a sale]<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CREATE MORE VALUE BEFORE YOU SELL NMC&#8217;s team has led or co-led diligence and valuation work on more than $250BN of bids, acquisitions and mergers. We know how buyers work. They find the problems sellers would prefer to keep hidden and use them to negotiate a lower price. Then they capture the quick upsides after [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-no-title","meta":{"footnotes":""},"class_list":["post-20","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/newmancos.com\/index.php?rest_route=\/wp\/v2\/pages\/20","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newmancos.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/newmancos.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/newmancos.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/newmancos.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20"}],"version-history":[{"count":3,"href":"https:\/\/newmancos.com\/index.php?rest_route=\/wp\/v2\/pages\/20\/revisions"}],"predecessor-version":[{"id":193,"href":"https:\/\/newmancos.com\/index.php?rest_route=\/wp\/v2\/pages\/20\/revisions\/193"}],"wp:attachment":[{"href":"https:\/\/newmancos.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}