In this episode of the Tech M&A Podcast, Barry Larson, founder and CEO of OK Alone, shares his journey of building a company focused on employee safety monitoring solutions and the process of selling it. He discusses the challenges and strategies involved in the M&A process, including choosing the right partner, navigating negotiations, and the importance of preparation and commitment. Barry reflects on life after the sale, exploring new opportunities and personal projects.

takeaways

• OK Alone specialized in supporting people who worked on their own.
• Corum had experience in selling in niche sectors like mine.
• I was expecting a buyer pool of maybe 20, 30 companies.
• I was able to stick to the day job pretty much.
• Preparation is key.
• You need to be absolutely committed to this.

00:00 Introduction to OKAlone and Its Mission 02:48 The M&A Process: Choosing Quorum and Navigating Challenges 05:42 Negotiation Insights and Non-Negotiables 08:59 Life After the Sale: New Opportunities and Reflections