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The Exit Club
The Exit Club is a private club for small to medium sized businesses considering their exit options in the UK. It was set up by Tracey Williams.

"Exit" in these terms means any of the following; family succession, a trade sale, a sale to management, floating or closing the business.

The professional parties involved in these Corporate Finance transactions include an accountant, a solicitor, and often a banker/private investor or venture capitalist and the business owners will need to choose and manage these professionals. Once the decision has been taken to Exit, a business will often turn to their lawyer or accountant for advice. Usually, this initial point of contact is the trusted general advisor who they may not have a background specifically in Corporate Finance; the family lawyer for example.

Often, there is a charge for this initial advice (as the adviser is a retained adviser) and sometimes when discussed with a professional operating in a different area of specialism (law or accountancy for example) the advice can conflict. In these interesting and challenging times, the advice can conflict further by the time a funder (either debt or equity provider) is consulted. All of this can result in expensive and lengthy meetings before a decision is made regarding which adviser to appoint to the deal.

Rarely can someone in business obtain well thought out, joined up advice from professionals operating across several disciplines simultaneously. When this does happen, the critical path to deal completion is shortened and deal costs are minimised.

This was the impetus for setting up The Exit Club.

Who are the experts?


Those participating in the Club are Lawyers, Accountants, Insolvency Practitioners, Funders and providers of Finance. The club has International contacts and Communications specialists, who advise on the communications aspects of a transaction, where required (e.g.: internal communications to staff, and media relations).