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Patrick Fornan

Patrick Fornan

Partner and Head of Corporate Finance at TC Group; 2025 Dealmaker of the Year specializing in M&A, valuations, and succession planning for owner-managed businesses.

Jun 24, 2026

JeannieHOST
3:33
And I think the most sort of the question that I feel is really, really important, Patrick, is when we're thinking about exits and succession, what should people be doing now? Even if they're not thinking about selling straight away or it's not imminent, what should they be doing to make sure that they're maximising their options and maximising their value?
3:53
So Paula made some valid points about getting the basics right.
3:57
So some of the business owners we talk to, they quite like knowing what the business is worth today.
4:01
So if drawing a line in the sand, say, what's our business worth today? And what are those kind of value drivers that we need to be considering working on? So Paula made some really valid points, but actually someone to look under the bonnet of your business and say, if we could extend X or work on Y, your business would go from this value today to that value tomorrow.
4:17
To go one step further, I think it's helpful for the businesses to get all the basic kind of fundamentals in terms of commercials, legal documents in place.
4:25
So what we do actually do with some of our clients is kind of build a data room.
4:29
A data room is the kind of the file system you have ready were you to sell your business or think about a sale.
JeannieHOST
6:13
What are those strategic moves that you're seeing businesses and business owners make to sort of protect the value of their businesses and stay competitive with those rising costs?

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