Leo Meggitt

Founder of Mastella Advisory and Scalexit. M&A in lower mid market and fundraising for start ups. Expert in exit readiness for SMEs. Private investor

[Leo Meggitt @leomeggitt]

@ATPaccountancy Worth adding: don't rush a sale just to beat a Budget rumour. A hurried process usually costs more in price and terms than a tax change would. Model it, then decide.

[Leo Meggitt @leomeggitt]

@JonUlin The ones that never sell usually find out too late. Get a proper valuation 2-3 years before you want out. It shows the gap between what you think it's worth and what a buyer will pay, while there's still time to close it.

[Leo Meggitt @leomeggitt]

Perella Weinberg and Piper Sandler just walked away from a $6bn merger. Why? Senior bankers wouldn't sign lock-ins.

SME owners, take note: buyers aren't just buying your business. They're buying your key people.

Tie them in before you go to market, not after.

[Leo Meggitt @leomeggitt]

@scottlove Spot on. The quickest win is client relationships. Get a second person in front of every key account well before a sale. Buyers discount revenue that might walk out the door with the owner.

[Leo Meggitt @leomeggitt]

Poundland is in rescue buyout talks with administration looming.

The lesson for SME owners: sell when you choose, not when creditors choose.

Distressed sellers don't negotiate on price. They take what's offered.

Plan your exit while the numbers still look good.

[Leo Meggitt @leomeggitt]

Want to sell your business in 3 years? Start today. Buyers pay for clean books, recurring revenue, and a company that runs without you.

[Leo Meggitt @leomeggitt]

@BenObeseJecty @antmiddleton You. The replies, whether faceless or not… are concerning…. But keep going Ben (I know you will) 👍

[Leo Meggitt @leomeggitt]

@crickshouts Our effort - surely goes down as a better slip catch?

[Chris Grove @EnglishChapInPT]

Forster Chase is delighted to be retained to find a Chair for a major UK pension scheme. All applicants must have uk Banking experience. Please email me at [email protected] for more information. https://t.co/1JxX0wu76l

[Leo Meggitt @leomeggitt]

Well done to all the teachers for being the only school to open today! https://t.co/PL79VbjxzQ

[ChaseSidePrimary @ChaseSideSchool]

A snowy walk home for us all today! Thanks to all of our families who supported us in staying open this week. Have a lovely weekend.

[Leo Meggitt @leomeggitt]

Maturing DB funds 'unwilling to back start-ups, private equity' https://t.co/ZJmav45MVw

[Leo Meggitt @leomeggitt]

While the markets remain good for many sectors, small charities are feeling the pinch more than ever. Forster Chase…https://t.co/IqhNxSttSu

[Leo Meggitt @leomeggitt]

An FS fintech company to watch - Kyckr Limited - big news today from them with a tie-up with Bloomberg. Given they a…https://t.co/4YNBT0X8VV

[Leo Meggitt @leomeggitt]

There’s a new landlord in town: asset managers https://t.co/dRON9yHECz

[Leo Meggitt @leomeggitt]

UK pension governance framework ‘not fit for purpose’: Cardano https://t.co/LZOgpY7HSR

[Leo Meggitt @leomeggitt]

Church of England delivers divine returns https://t.co/kXUjFHBjZS

[Leo Meggitt @leomeggitt]

New Trustees - applications welcome https://t.co/6RRVYbdEGI

[Leo Meggitt @leomeggitt]

good luck Hugh Cutler https://t.co/NpyWmc5qVt

[Leo Meggitt @leomeggitt]

Fiduciary management fees of little concern to pension funds – survey https://t.co/FbUzmHuh17

[Leo Meggitt @leomeggitt]

'Unprecedented' consolidation of UK DC could see providers gain £1.5bn https://t.co/zCaFBgAVP4