Sell-side M&A advisory
Institutional M&A discipline for the lower middle market.
Most owners sell a business once. We run that one sale with the preparation, buyer competition, and negotiating discipline a far larger deal would get — the standard these transactions deserve and rarely get.
Why it matters
Sophistication is the difference when you sell.
Selling a company is the most consequential financial transaction most owners will ever make. The market that serves them is uneven. Many brokers lack the financial training to position a business properly, run a competitive process, or hold a deal together through diligence.
We apply the preparation, buyer access, and negotiating discipline of institutional M&A to businesses usually underserved by it — plainly, and without the theater.
Rigorous preparation
We normalize your financials, document the value drivers a buyer will test, and address the issues that surface in diligence before a buyer ever sees them.
A competitive process
A single interested buyer sets the price. We run a confidential, structured process to multiple qualified buyers, which is what creates real negotiating leverage.
Structure, not just price
Headline price is one line of the term sheet. We negotiate earnouts, rollovers, working-capital pegs, and reps so that what you actually keep is protected.
A deal that closes
Most sales collapse in diligence, not at the LOI. We manage the process, the advisors, and the information flow so momentum holds through to signing.
Why timing matters
6 in 10
business owners plan to sell or transition within the next decade — a generational handover already underway.
- 2.9M
- U.S. businesses owned by people 55 and older
- 32.1M
- jobs those businesses support
- $6.5T
- in annual revenue they represent
Source: Project Equity, “Business Owner Statistics on Exits & Succession” (2025), derived from U.S. Census Bureau data.
Services
What we do
Exit Consulting
A do-it-with-you engagement that prepares the business for sale over months, not weeks — strengthening the drivers a buyer pays for before you go to market.
Learn moreSell-Side Advisory
The full engagement. We run the sale end to end — valuation, confidential marketing, negotiation, diligence, and close — while you keep running the business.
Learn moreIndustries
Where we focus
We concentrate on recurring-revenue service businesses and software, where we understand how acquirers underwrite contracts, retention, and technology.
Track record
Selected transactions
A representative engagement. We name clients only with their permission and do not publish figures we cannot substantiate.
Property Management
Tenant Planet
has been acquired
Wraith Brokerage acted as exclusive sell-side advisor
“I have only ever been a business founder and builder and this was my first business transaction. I was wildly outside my comfort zone. The Wraith team not only made everything simple, clear and straightforward while educating me on the process and each next step, but they also were constantly available on strategic questions to help us achieve the best results possible.”
How we work
How we run a sale
A structured process from preparation to close. Each stage has its own decisions and its own ways to lose value, and we manage all of them.
- 01
Material preparation
We organize financials, analyze performance, and prepare the teaser and Confidential Information Memorandum that a sophisticated buyer expects.
- Financial statement organization
- Performance analysis & metrics
- Executive summary teaser
- Confidential Information Memorandum
- Management presentation
- Data room preparation
- 02
Marketing
We identify the right acquirers and run a tailored, confidential go-to-market process based on your industry and objectives.
- Strategic buyer identification
- Financial buyer targeting
- Industry-specific outreach
- Confidential marketing process
- Competitive positioning
- Interest generation
- 03
Curated buyer access
We connect you with qualified buyers and manage all communications to support diligence and maintain competitive tension.
- Buyer qualification
- NDA execution & management
- Information flow coordination
- Management presentations
- Due diligence support
- Momentum maintenance
- 04
Purchase negotiations
We lead Letter of Intent negotiations, then manage diligence and deal documents through to a signed agreement.
- Letter of Intent negotiations
- Term sheet optimization
- Due diligence management
- Purchase agreement drafting
- Legal coordination
- Risk mitigation
- 05
Closing
We coordinate funds, approvals, and logistics through to a timely close, and support the transition that follows.
- Closing conditions management
- Funding coordination
- Regulatory approvals
- Final documentation review
- Wire transfer coordination
- Post-closing support
Request a confidential valuation.
Tell us about your business. We will provide a confidential assessment and a considered view on a sale — with no obligation.
- A confidential business assessment and preliminary valuation, at no cost
- A clear read on the buyer landscape for your business
- A considered view on timing, preparation, and what a sale would involve
Speak with an advisor
All information is kept strictly confidential