Ep 32 - Nik von Jacobs - Selling Your Consultancy: How to Reduce Risk and Stress & Increase the Sales Price
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How do you make sure selling your consultancy goes smoothly?There are some tricks of the trade to ensure a stress-free M&A, and maximize the value at which you sell:Nik von Jacobs), Partner at McDermott Will & Emery), shares his experience with Sammy) in today's episode. You'll learn:1. The legal side of selling your consultancy: How the M&A process looks like 2. How a certain insurance reduces the risk for the seller & speeds up the M&A process3. Unexpected insights into what can happen on signing day – and how a good M&A lawyer can save the dayAbout Nik):Nik's great passion is driving deals, where in his role as Partner at McDermott Will & Emery he usually, as a first step, takes on the role of a matchmaker by presenting deal opportunities to interested parties. He has considerable expertise in private equity, M&A, venture capital, China outbound & inbound, among others. In addition, Nik is very keen to connect people and co-chairs McDermott's annual cross-border M&A conference "MuMAC", which brings together international M&A and PE professionals in Munich every September. Additionally, Nik has been recognized numerous times, for example as Leading Lawyer for Corporate Law by the Handelsblatt in their Best Lawyers 2021 Germany Ranking. In his spare time, he sees his true vocation in spending a lot of time with his family, and he has a great weakness for books.Find Nik on LinkedIn: https://www.linkedin.com/in/dr-nikolaus-von-jacobs/)Nik's business book recommendation: "Handling Shit" – Frederik Hümmeke, https://amzn.to/3HtVfv1) Nik's favorite podcast: Think Beyond the Obvious – Stelters Podcast, https://think-beyondtheobvious.com/stelters-podcasts/) _________About McDermott Will & Emery):McDermott Will & Emery is an international law firm with a diversified business practice headquartered in Chicago, USA, with revenues exceeding $1 billion. The firm partners with leaders around the world to advance missions, transcend boundaries and shape markets. With more than 20 locations worldwide, McDermotts' team works seamlessly across practices, industries and geographies to deliver highly effective - and often unexpected - solutions that drive success.  The more than 1,200 attorneys bring their personal passion and legal skills to bear on every matter for their clients and the people they serve.Website: https://www.mwe.com/) Industry: Legal, Law FirmCompany size: 1011-5000Headquarters: Greater New York Area, U.S.Founded: 1934__________About the host, Sammy):Sammy and SAWOO )enable you to become a thought leader, and win leads directly through your own podcast & great content on LinkedIn.Get in touch with Sammy on LinkedIn).__________Past guests on the LEADERS IN CONSULTING show) include: Dr. Stefan Sambol, Dr. Andreas Baader and Rainer Majcen, Friederich von Hurter, Peter Feldmeier, Alexander Kainer, and many more.