America’s Premier IT Partnership
WHO WE ARE
Cloudspire is seeking to be America’s Premier IT Partnership. Our goal is to be the best partner for IT agencies and clients.
The story behind our company
Selling your company can be tough. So we created Cloudspire, a friendly home for your business. We’re a low-profile holding company that partners with best-in-class IT agency businesses across North America via acquisition or growth investment.
Our process is fast, friendly, and simple
Make an offer in
Respond in
Closed partnership in
We can buy or invest in your
business in under 60 days.
Day 1: Introductory Call
We have a 30-minute introductory call to learn about your story and values and see if we can help.
Day 2: Mutual NDA
We sign a mutual NDA so that the details of your business are legally protected.
Day 3: Simple Information Share
We provide a basic list of information we would need (financials, unit financials, your desired role going forward, etc.), and you send over what you can, when you can.
Day 5: Letter Of Intent
Based on the information, we will provide you a simple term sheet with a valuation of your business. If you agree with it and want to move forward, then we would both sign a Letter of Intent (LOI). The LOI is a nonbinding document that formalizes our agreement and gets both sides aligned on the smaller points before diligence.
Day 30 - 60:
Due Diligence Period
We begin and complete due diligence over the next 30-60 days, depending on the complexity of your business.
Day 60: Sign And
Close The Transaction
We sign the purchase agreement, wire you the funds, and enjoy a celebratory drink or coffee!
Founder's choose Cloudspire over private equity alternatives because we’re straightforward folks. We’ve tailored our approach to solve for your needs (simplicity, speed, certainty, cash) while preserving and growing your brand.
go we’re flexible
the long term
Partnerships
No Cash Out
0% paid out in cash
100% ‘rolled’ ownership (paid out later at a higher expected valuation)
Cash infusion for growth
Partial Cash Out
60 - 90% paid out in cash
10 - 40% ‘rolled’ ownership (paid out later at higher expected valuation)
Partial cash out
Full Exit
100% paid out in cash
We believe in win-win outcomes and reputation is everything. We know that partnering or selling your business outright can be stressful and exhausting. So, we have designed our process to be quick and painless.
We’d love to hear from you!
We created Cloudspire to create a true long-term home for your company. We would love to get to know you and your business!
We're an open book
Send us an email
jack@cloudspireholdings.com
Give us a call
-
Visit our office
Coming soon!
Questions
What is the value of my business?
There are many factors that determine a business's value, so it's difficult to provide exact guidance. These factors include size, age, growth, profitability, unit economics, and more. However, we promise to provide quick valuation feedback on any potential partnership if you choose to engage with us. Further, we promise to be equitable in everything we do.
What are our backgrounds?
Our team is led by experienced operators and world-class M&A professionals. We believe we can add value relating to your business’s operations, finance, and other miscellaneous services and be great partners to you.
How does the payout structure generally work?
We can be flexible in how we structure our partnership and we'll tailor it to your goals. We structure some deals as all-cash payouts. We structure other deals with an 'equity roll' component (i.e. you will keep minority ownership) or with an earn-out or seller-note component (i.e. you are partially paid cash upfront and then receive the remainder of proceeds over time). Further, we typically keep the current operating team in place with an equitable industry compensation package. People are the heart and soul of Cloudspire, and we can make sure our team members know that!
Can I stay on and continue to manage my business?
Absolutely! In fact, we love to work with business owners that want to stay-on-board post transaction (and keep getting paid!). Of course, if you want to cash out and enjoy the margaritas, we can accommodate that as well.
Do I have to sign a non-compete after I sell?
Yes, non-competes and non-solicits are commonplace in any M&A transaction. As with everything we do, we try to work with the seller and be highly reasonable in our approach to these documents. If this is a sticking point for you, just let us know.
Why do I have to share all of our information?
We try to keep the information requests to a minimum until we get to an agreement on valuation and key terms. Once we are aligned, we launch a quick due diligence process to validate numbers. We pride ourselves on being quick and easy to work with. If we enter a preliminary agreement with you, it means we trust you as a partner. When that is the case, we don't sweat the small stuff!