Begin a confidential conversation
Founder to founder. No deck, no pitch.
Wir steigen zwei Jahre oder mehr ein, bevor der Datenraum geöffnet wird. Pre-decision, Bewertung, Readiness, Transaktion, Post-deal-Kontinuität — von einem von uns durchgängig getragen. Europa–Asien Cross-border ist die Standardsituation, nicht die Ausnahme.
The question gets named. Sometimes one conversation, more often several. Some decisions cannot be rushed.
Today's value, and the higher value the right preparation can unlock. The gap is mapped, the path to close it is named.
The company shaped for the situation the owner has chosen, not the one inherited. Processes, structures, finances, governance, narrative.
Disciplined process, on the owner's side of the table. Buyer selection by strategic fit, not auction theatre. No deal-speed incentive on our side.
The years after, where most firms hand off and most owners discover what they actually built.
Through all of it, the same one of us — the senior who first sat with the question signs the side letters and takes the call two years after closing. Trust intimacy that cannot be delegated.
The Gründers had built a profitable, technically integrated Unternehmen with proven market relevance and low churn. They had reached a personal milestone: the next phase would require significantly more capital, broader sales and product capacity, and possibly international scaling. Rather than absorbing those operational risks as independent owners, they wanted to find the right long-term software partner who understood the healthcare-vertical SaaS space and could carry the Unternehmen forward while letting them realise an exit.
The owner-CEO faced converging structural and strategic challenges. The Magento-to-Adobe-Commerce Plattform transition was reshaping the buyer landscape — projects were getting larger and Kunde expectations were shifting toward broader IT-partner capacity. The company's rural location made talent acquisition difficult, although existing personnel were extraordinarily loyal.
The founding CEO of DiIT was approaching the question of retirement. The Unternehmen was technologically dominant in its niche and highly profitable, but the next strategic phase required either independent capital for international scaling or full integration into a larger industrial group that could carry the company globally. The CEO did not want to remain operationally central into his late years, but he could not see how to step back without the Unternehmen losing what had made it valuable — its open, vendor-neutral software Plattform that worked with wire-processing machines from all major manufacturers, not just Schleuniger.
Earlier than feels natural. Most of the work that determines exit value — founder-dependency reduction, second-management-layer strength, customer concentration, buyer narrative — takes 18 to 36 months. Owners who begin when transaction pressure is already real have weeks, not months, to fix problems that took years to build. The strongest mandates start two to four years before a process.
Yes. Many of our mandates start there. The first conversation is not a commitment — it is a way for both sides to see whether the situation deserves more attention. Some owners decide not to sell after the first conversation, and that is the right outcome too. The work is to make a decision honestly, not to manufacture one.
Five phases. Pre-decision: the question gets named. Valuation: today's value and the higher value the right preparation can unlock, both honestly assessed. Readiness: the company is shaped for the situation the owner has chosen — processes, structures, finances, governance, narrative. Transaction: a disciplined process, on the owner's side of the table, with buyer selection by strategic fit. Post-deal continuity: the years after, where most firms hand off. Total arc typically 18 months to seven years. The DiIT mandate ran 2013 to 2017 — four years from first conversation to close.
The default geography of the firm's M&A practice — not a special service. Most mandates touch two or more jurisdictions among Germany, Italy, Poland, and China. The work understands both sides of the table: legal structures, decision-process pacing, tax and regulatory architecture, and a senior practitioner present in either jurisdiction. References from cross-border transactions available on request, in personal capacity.
Three differences. First, the multi-year arc — M&A boutiques typically engage six to twelve months before a process; we engage two years or more before, when the question is forming. Second, the side of the table — we sit with the owner-CEO; brokers run a process on behalf of a brief. Third, the incentive structure — we are paid for time and judgement, not for closing. The recommendation can be "do not sell." Brokers and bankers are paid on close; their incentive does not include that answer.
Founder to founder. No deck, no pitch.
Released into specific conversations rather than published. DiIT seller-side available; Webformat both-side available.