Business Transition Planning for Founders

A good business is not automatically an institutional-quality asset. That sentence is the whole of the work. Founder-led companies are built on trust, instinct, loyalty and personal accountability, and institutional buyers acquire systems, earnings quality, a leadership team, transferable customer relationships and credible growth pathways. Exit Boston plans the transition between those two things: what has to change, in what order, and how long each piece genuinely takes. Some of it is a three to six month body of work. Management depth is not.

Business owners reviewing a transition plan with advisors

Our Business Transition Planning Services

Transition planning that sequences the organizational work by lead time, then builds the buyer strategy around what will actually be ready.

M&A Advisory

Prepare and position the company for a sale, recapitalization or strategic transition: buyer-specific materials, normalized earnings that survive a quality of earnings review, competitive outreach, and structure negotiated against your objectives.

Buyer Strategy

Identify and profile private equity firms, independent sponsors, strategic acquirers and family offices, and separate the ones with committed capital from the ones with a capital network, because that distinction decides which deals close.

Shareholder Advisory

Navigate internal ownership transfers, succession and corporate restructuring, including how cash at close, seller notes and retained equity change what each shareholder receives and who holds decision rights the day after.

Organizational, Not Financial

The Clock Nobody Starts On Time

A well-planned transition is not a document. It is a sequence, and each item has a lead time that cannot be compressed. Chapter 13 of The Real Exit puts the highest-impact pre-market work at three to six months: normalizing EBITDA, reducing concentration, producing institutional-grade reporting. Management depth runs longer, and our industrial research puts a full readiness programme at eighteen to twenty four months. The date you pick determines which of those you can still do.

Advisor and founder reviewing business transition priorities
The Exit Boston Difference

Why Choose Exit Boston?

A multidisciplinary team that plans the organizational change, not just the transaction.

Deal Experience

Our leaders bring decades of transaction, valuation, finance and operational leadership experience to planning decisions.

Buyer Perspective

We plan against what buyers actually acquire: systems, earnings quality, a leadership team and transferable relationships.

Sequenced, Not Listed

A readiness plan that ignores lead times is a wish list. Ours puts the long-lead items first, because those are the ones that cannot be caught up.

Published Framework

The Seven Pillars diagnostic is documented in Rick McDonald’s book The Real Exit and taught in his finance course at Endicott College.

Meet the Exit Boston Team

Advisors who plan the organizational change, not just the deal.

Portrait of Rick McDonald, Founder and Managing Director of Exit Boston

Rick McDonald

Founder & Managing Director

Rick McDonald is the Founder and Managing Director of Exit Boston, a New England middle-market M&A advisory firm headquartered in Danvers, MA. With more than two decades of active deal advisory work, Rick has been directly involved in 50 to 100 closed middle-market transactions, guiding founders and private business owners through company sales, recapitalizations, and strategic transitions. His deep expertise spans business valuation, institutional buyer readiness, and deal structuring tailored to each founder's financial goals and legacy objectives. Beyond his advisory practice, Rick serves as an Adjunct Professor of Finance at Endicott College, reflecting his commitment to sharing knowledge across the financial community. His leadership has earned Exit Boston national recognition, including a top-ten ranking among U.S. M&A advisory firms by Axial.

Portrait of Sevan Demirdogen, Partner at Exit Boston

Sevan Demirdogen

Partner

Sevan Demirdogen is a Partner at Exit Boston, bringing over 40 years of executive leadership experience managing domestic and international businesses across multiple industries. His distinguished career includes serving as CEO and Board Member of Kano Laboratories, President and Executive Vice President of Scapa Group plc, and senior leadership roles at Illinois Tool Works. Sevan's deep operational background and boardroom experience provide Exit Boston's clients with invaluable insight into what institutional buyers look for in acquisition targets. His perspective helps founder-led businesses identify and address operational gaps, strengthen management structures, and position themselves for premium valuations. Sevan's global experience across North America and international markets makes him a trusted advisor for business owners navigating complex strategic transitions.

Portrait of Steve Vesey, Co-Founder of Exit Boston

Steve Vesey

Co-Founder

Steve Vesey is Co-Founder of Exit Boston and a seasoned CPA with over 40 years of accounting and financial advisory experience. He has dedicated more than 25 years to preparing business valuations and has assisted hundreds of business owners with succession planning and exit strategy development. Steve's deep expertise in business valuation and exit planning forms a critical foundation of Exit Boston's advisory approach, ensuring that every engagement is grounded in rigorous financial analysis and a clear understanding of value drivers. His ability to assess a business through the eyes of both an accountant and a strategic advisor helps founders understand their true market value and identify opportunities to maximize their outcome prior to a sale or transition.

Portrait of David Hockley, Partner at Exit Boston

David Hockley

Partner

David Hockley is a Partner at Exit Boston and a serial entrepreneur and operator with over 15 years of experience scaling high-growth businesses across Europe, North America, Asia, and the Middle East. Having personally driven more than $300 million in sales throughout his career, David brings a rare combination of entrepreneurial hustle and institutional discipline to every client engagement. He specializes in scaling founder-led businesses, preparing companies for strategic exits, and improving institutional buyer readiness. David's firsthand experience building and exiting businesses across diverse geographies gives him a unique ability to empathize with founders while providing the strategic clarity needed to attract competitive acquisition offers from private equity firms, strategic acquirers, and family offices.

Portrait of Mike Camarro, Business Development Officer at Exit Boston

Mike Camarro

Business Development Officer

Mike Camarro serves as Business Development Officer at Exit Boston, where he leverages a strong financial background to support client acquisition and advisory engagements. A former controller and CFO, Mike has extensive experience across retail, distribution, technology, and wealth management industries. He has led finance and accounting teams through the rigors of acquisition due diligence and post-acquisition integration, providing him with practical insight into what buyers scrutinize during a transaction. Mike began his career as an auditor at Coopers & Lybrand, building a disciplined financial foundation that informs his work with founder-led businesses today. His ability to bridge finance, operations, and business development makes him a valuable resource for founders preparing for institutional-quality exits.

Portrait of Laura, Senior Research Analyst at Exit Boston

Laura

Senior Research Analyst

Laura serves as Senior Research Analyst at Exit Boston, playing a vital behind-the-scenes role in every client engagement. She is responsible for delivering comprehensive middle-market industry analysis, competitive landscape mapping, buyer universe identification, precedent transaction research, and target buyer profiling. Her work ensures that Exit Boston's deal strategies are informed by current market intelligence and grounded in a thorough understanding of each client's industry and competitive position. By identifying and profiling the most qualified and motivated buyers for each transaction, Laura helps the firm create the competitive tension necessary to achieve premium acquisition outcomes for the founders it serves.

Portrait of Abbey, Chief of Staff and Administrative Director at Exit Boston

Abbey

Chief of Staff & Administrative Director

Abbey serves as Chief of Staff and Administrative Director at Exit Boston, where she is the organizational backbone of the firm's day-to-day operations. With two decades of experience across financial services administration, executive operations, and client engagement management, Abbey brings exceptional professionalism and attention to detail to every interaction. She coordinates client communications, manages engagement pipelines, oversees deal timelines, and ensures the seamless flow of document workflows and client deliverables throughout each transaction. Her deep experience in financial services environments means she understands the sensitivity and precision required in M&A engagements, making her a trusted point of contact for clients navigating complex and high-stakes business transitions.

Portrait of Thor, Director of Transaction Marketing and Investor Relations at Exit Boston

Thor

Director of Transaction Marketing & Investor Relations

Thor serves as Director of Transaction Marketing and Investor Relations at Exit Boston, where he leads the development and execution of the firm's confidential transaction marketing materials. His work includes crafting confidential information memoranda, executive teasers, investor presentations, and institutional transaction marketing campaigns tailored to the specific acquisition criteria of qualified buyers. Thor's expertise in presenting founder-led businesses in an institutional light is central to Exit Boston's ability to attract serious, competitive interest from private equity firms, strategic acquirers, and family offices. His materials are designed to communicate each company's investment thesis with clarity and precision, helping to create the competitive buyer tension that drives premium valuations for the firm's clients.

Portrait of Finn, Assistant Director of Financial Analysis at Exit Boston

Finn

Assistant Director of Financial Analysis

Finn serves as Assistant Director of Financial Analysis at Exit Boston, providing critical analytical support across the firm's deal advisory engagements. His responsibilities span financial management, cash operations, financial modeling, accounting, and deal advisory analysis, ensuring that each transaction is supported by rigorous and accurate financial work product. Finn's contributions are essential to the preparation of the detailed financial analyses that underpin Exit Boston's valuation work and buyer-facing materials. His attention to detail and commitment to financial precision help ensure that every engagement reflects the institutional-quality standards that the firm's clients expect and that serious buyers demand. Finn plays an important role in supporting the firm's mission of preparing founder-led businesses for premium acquisition outcomes.

Frequently Asked Questions

What is a transition consultant?

A transition consultant plans and then manages a change in ownership, leadership or structure. The planning half is the part owners underestimate: assessing institutional readiness, clarifying what the owner actually wants, identifying which value gaps are worth closing, and putting the work in order of lead time rather than order of interest. The managing half covers succession, continuity and the transaction itself. Most of the value is created in the first half, months before anything is announced.

What do business transformation consultants do?

When should I begin planning a business transition?

What does a transition readiness diagnostic evaluate?

How are potential buyers identified for my company?

Can transition planning support internal ownership transfers?

What size businesses does Exit Boston typically advise?

Will my transition planning discussion remain confidential?

Have Questions About Your Business Transition?

Speak confidentially with advisors about sequence, lead times and priorities.

Recognized M&A Advisors

Awards and Recognition

2024 Axial Top Advisor recognition

2024 Axial Top Advisor

Ranked #1 in Massachusetts, Q2 2024 Axial League Table.

2025 Axial industry award recognition

2025 Axial Industry Award

Recognized nationally for food and beverage M&A.

2026 Axial Advisor 100 recognition

2026 Axial Advisor 100

Featured among leading United States M&A advisors.

Start Your Transition Conversation

Tell us your timing and we will tell you what is achievable in it, and what is not.

Contact Us Today

For immediate assistance, feel free to give us a direct call at 617-EXIT-111 (617-394-8111). You can also send us a quick email at info@exit-boston.com.