An honest read for the people who decide.
Hold, grow, sell, or respond to an approach. Boards make the call with incomplete information and real fiduciary weight. We give you the honest, evidence-based read the decision deserves.
For shareholders and boards, LePrince Group provides an independent, evidence-based view of value and options, and runs a competitive process when the decision is to sell.
The decision is yours. The evidence should be ours.
Boards are asked to act on value, timing, and risk without a reliable read on any of them. These are the gaps we close.
We tell the board what we believe, not what is easy. Our fee rides on a clean close, so we have no reason to push a sale that should not happen.
From an honest read to a defensible outcome.
Independent counsel through to a process that stands up to fiduciary scrutiny.
The honest read
Independent, ConfidentialAn evidence-based view of value and options the board can rely on and minute.
Frame the options
Hold, Grow, SellWe set out the trade-offs of each path so the board decides with the full picture.
Run a competitive process
Outreach, LOIsIf the decision is to sell, a managed process that proves the value and protects the board.
Close and document
Diligence, TermsTerms held through diligence to an outcome that is defensible to shareholders.
What governance-grade advice is worth.
Acting on an approach without testing the market is the decision most likely to be questioned later.
A tested, higher value
A competitive process proves the number and usually lifts it above any single approach.
A defensible decision
A proper process gives the board a record that stands up to shareholders and scrutiny.
The right counterparty
Buyers vetted for certainty of close and fit, not just the headline bid.
Test the market before you answer.
A single bid is rarely the ceiling. An independent process proves the number and protects the decision.
An offer has landed. Now what?
An unsolicited bid is the moment boards most need independent counsel and most often lack it. The structural questions we help answer:
Is the offer full, or an opening move?
A single bid is rarely the ceiling. Testing it against the market is how a board learns what the company is really worth.
Does the bidder have certainty of close?
Headline price means little if the buyer cannot fund or will retrade in diligence. We assess deliverability, not just the number.
What is the cost of saying no?
Holding has a value and a risk. We model the alternative so the board weighs the offer against a real baseline.
How do we protect the process?
Confidentiality, competitive tension, and a clear mandate protect both the value and the board through a sale.
When the honest answer is do not sell yet, we say so. A mandate we do not believe in is one we turn down.
You won't find our deals online. That is the point.
We do not publicise mandates, name clients, or announce transactions. The best outcomes are reached quietly, and confidentiality protects the seller, the process, and the price.
Confidential by default
A sale is the client's business, not our marketing. The market learns only what serves the client.
Selective by mandate
We take a limited number of companies and turn the rest down. Selectivity is the product, not a constraint on it.
Vetted and verified
If we represent a company, it is proven to be one of the best in its category, with a clear opportunity for the right buyer.
Questions boards ask us.
Is LePrince Group independent?
We are an advisory firm, not a buyer. We are paid on a clean close and only take mandates we believe will sell, so we have no incentive to push a sale that should not happen.
How should a board respond to an unsolicited offer?
Test it. A single bid is rarely the ceiling. An independent read on value and a competitive process show whether the offer is full and protect the board's decision.
How do you value a company for the board?
On the multiple of earnings a real buyer will pay, adjusted for recurring revenue, customer concentration, owner dependence, and growth, with the evidence behind the figure.
What are your fees?
Outcome-based pricing, tied to the close and the terms rather than billed hourly.
Can you advise without committing to a sale?
Yes. Many boards start with the honest read and decide from there. We would rather tell you to wait than run a process we do not believe in.
Where to go next.
Weighing the options at board level?
Every conversation starts with the LePrince Read: our honest, evidence-based view of what a company is worth, whether it would sell, and what would change the number. Confidential, and yours to keep whatever you decide.
We take a limited number of mandates. Request a conversation if:
- The company is in the $10m to $100m+ enterprise value range
- It operates in or adjacent to our four sectors
- You want an honest read, not a flattering one