Exitwise Weekly M&A Newsletter

In this week’s edition of the Exitwise M&A Newsletter:

• CASHING OUT: Listen to Episode 42 of the Cashing Out podcast to hear the amazing story of Nick Huber - the beginnings of a his startup journey in a college classroom at Cornell University, to now owning $100M in real estate holdings and over ten business. Nick talks about what he learned about building and selling his first business, utilizing social media as a distribution channel, raising young kids in an entrepreneurial household, and his quest to build a new type of business brokerage for SMBs.

• M&A EDUCATION: How New Holland Brewing Company Became the Poster Child of an Employee Ownership Revolution…
  
  The concept of employee ownership is not new, but the popularity of ESOPs has been steadily rising in recent years. New Belgium Brewing Company, renowned for its commitment to sustainability and craft beer excellence, stands as a shining example of a successful transition to employee ownership through an ESOP. Founded in 1991 in Fort Collins, Colorado, the company embarked on a unique path by becoming 100% employee-owned in 2012.

  In 2019, New Belgium Brewing made headlines once again as it announced its sale to a private equity firm, marking the end of its remarkable tenure as an employee-owned company. Let's delve into this inspiring case study of New Belgium Brewing's journey through employee ownership.

  Read the full story, and get a deep dive into how ESOPs are becoming a more prevalent option for founders looking to exit their business.

• EXITWISE SPOTLIGHT: On Thursday, June 29, 2023 Exitwise hosted our very first Referral ("Scout") Program Roundtable. Nearly 30 people from all over the globe and walks of life joined us to hear more about the program, and ways to be more actively involved in founder exit successes.

CASHING OUT PODCAST | E42 | NICK HUBER

Today, join Todd Sullivan in his conversation with Nick Huber, a serial entrepreneur who has leveraged his substantial social media audiences to drive incredible value for his businesses and for the entrepreneurs who he advises and invests in with.

With a partner, Nick built his first storage service business right out of college, but decided to sell the business to focus on building a self-storage and real estate empire. Nick and Todd talk about how he used his first company to learn how to make money, how to delegate work, and how to uncover bigger opportunities. Nick also shares how every business owner should be building their audience through social media to leverage this often untapped distribution channel for their businesses.

I hope you enjoy my conversation with Nick Huber.

JOIN US ON OUR MISSION TO ENSURE M&A SUCCESS FOR OUR FELLOW FOUNDERS

Exitwise Referral Program

Building a successful business from the ground up is an extraordinary feat, and at Exitwise, we understand the immense dedication and effort it takes.

And when it comes to selling a business, the complexities can multiply, making it an even more daunting task. That's where Exitwise steps in – to offer our expertise and guidance to you or someone in your professional network.

We are excited to announce our Founder Referral Program as we continue to build out our mission for supporting the entrepreneurial community… and we’d be happy to talk to you about how we can help.

If you missed last week’s M&A Roundtable event, would like more information on referring a potential client, or would like to know when we’re meeting next please reach out to Matt Damman ([email protected]) to receive meeting invitation details and further information about the event.