iv 04 · Exit

If it is time to walk, walk well.

Exit is for owners and directors considering sale, succession or a controlled wind-down, and for those who need an honest read on whether the pathway out is the one they actually want.

We help plan the way through with clear advice around timing, value, relationships and control, so the exit you take is the one you can stand behind, not the one circumstances forced.

We don't broker the sale or run the liquidation. We hold the owner's view through the process, so the brokers, accountants, lawyers and appointees you do bring in are all moving in the same direction.

Thryvv adviser speaking with business owners in a consultation.
The hardest part of leaving a business is rarely the day you leave. Exit gets the pathway clear before the decision becomes urgent.
If you're weighing any of this

You are in the right place.

  • A sale is on the table, or being considered
  • Succession to next generation or a key employee
  • A controlled wind-down or solvent liquidation (MVL)
  • An unsolicited offer that needs honest testing
  • Health, age or family driving the timing
  • An insolvency appointment that may be unavoidable
  • A liquidator pursuing claims against you personally
  • Personal guarantees or bankruptcy on the horizon
Who we work with

From the family handover to the boardroom.

Exit is built for owners and directors across the full range of Australian business, founders selling the only company they've ever run, family operators planning succession, and significantly larger companies preparing a controlled wind-down or solvent liquidation.

The shape of the exit changes. The discipline of planning timing, value, relationships and control before committing stays the same.

One adviser at every scale
Founders Selling the only company they've ever run.
Family & owner-led Planning succession across generations, partners or key staff.
SMEs Where the timing is right but the pathway isn't obvious yet.
Mid-market Boards weighing sale, demerger or members' voluntary liquidation.
Directors under pressure Facing an insolvency appointment, or already in one.
Personal exposures Where guarantees, DPNs or bankruptcy risk are in play.
What Exit is

A pathway out, with the owner's view kept whole.

Most exits drift, not from being wrong, but from never being properly planned. A sale begun a year too early, or three too late. A succession that becomes an argument. A wind-down that turns into an insolvency. The pathway you take ends up being the one circumstances chose for you.

Exit gets the path clear: which option is actually right, what it's worth doing now versus later, who needs to be brought along, and what stays in the owner's control. We are independent of the sale, the buyer and the appointment, the advice exists to help you walk well, not to drive a transaction.

How we differ

Built to plan it, not to close it.

Most exit work in the market is wrapped around a transaction, a sale, a raise, an appointment. We sit on the owner's side of the table and hold the bigger view, regardless of which way the pathway runs.

  Broker / appointee-led Exit
Posture Runs the transaction in front of them Tests whether the transaction is the right one to run at all
Incentive Tied to the sale, raise or appointment closing Independent of any transaction or appointment
Timing Driven by the deal calendar or court date Planned against the value curve and owner readiness
Relationships Treated as collateral Managed deliberately, staff, family, customers, lenders
Control Handed over once the process starts Preserved as long as the law and the facts allow
Output A closed transaction A pathway the owner can stand behind, however it ends
And we don't replace your other advisers We are not your broker, your tax accountant, your corporate lawyer or your appointed liquidator. We work alongside them, holding the owner's view so the sale process, legal work and any insolvency appointment all move in the same direction.
How we help

The work, by pathway.

These are the most common Exit engagements. Most owners need two or three of them combined, we shape the work to fit the pathway and the timeline you actually have.

  1. 01

    Business sale planning

    Before the broker is engaged, the business has to be ready to be sold. We shape the value story, surface what a buyer will pay for and what they won't, and plan the work needed in the twelve to twenty-four months before going to market.

    • Sale readiness review
    • Value drivers
    • Owner dependency
    • Pre-sale cleanup
    When it fits A sale is the destination, in twelve to twenty-four months.
  2. 02

    Succession planning

    Generational handover, partner buy-out, or transition to a key employee. We map the commercial, financial and tax shape of the handover, and the people side of it, so the business survives the change of hands intact.

    • Family succession
    • Management buy-out
    • Earn-out structures
    • Governance handover
    When it fits The next operator is already inside the business.
  3. 03

    Controlled wind-down & MVL

    When the right ending is to close the business cleanly. We plan the wind-down or members' voluntary liquidation alongside the appointed liquidator, settling creditors, returning capital, and protecting the directors through the process.

    • Solvent wind-down
    • Members' voluntary liquidation
    • Tax efficient capital return
    • Director protection
    When it fits The business is solvent but it's time to close.
  4. 04

    Timing review

    Most exits are mistimed by years, not months. We test where the business actually sits on the value curve, what the next twelve months change, and whether waiting helps or hurts, honestly, both ways.

    • Value curve view
    • Market window
    • Owner readiness
    • Sequence vs. sell
    When it fits The decision to exit is made, the timing isn't.
  5. 05

    Insolvency appointment support

    When an external administration, receivership or court-driven liquidation is on the table or imminent. We help directors prepare for the appointment, decisions to make beforehand, decisions taken out of their hands afterwards, and how to land on the right side of both.

    • Pre-appointment planning
    • VA vs. liquidation choice
    • Director duty review
    • Information to gather
    When it fits An appointment is days or weeks away.
  6. 06

    Liquidator claim management

    When a liquidator is pursuing claims against directors personally, insolvent trading, unreasonable director-related transactions, loan accounts. We work alongside your lawyer to test the claims, negotiate the position, and protect what can be protected.

    • Insolvent trading defence
    • Loan account claims
    • Voidable transaction review
    • Settlement negotiation
    When it fits A liquidator's letter has already arrived.
  7. 07

    Personal insolvency assistance

    When personal guarantees, DPNs or unpaid debts have followed the business home. We map the personal position alongside the company one, bankruptcy, debt agreement, personal insolvency agreement, so the right pathway is chosen and not the first one offered.

    • Personal exposure map
    • Bankruptcy alternatives
    • Part IX / Part X review
    • Family asset protection
    When it fits The company exit has personal consequences attached.
  8. 08

    Exit option review

    When the destination isn't obvious yet. We lay out the realistic pathways, trade sale, succession, capital partner, controlled wind-down, MVL, against timing, value, tax and stakeholder fit, so the choice is made on facts and not on the first option that came up in conversation.

    • Pathway comparison
    • After-tax view
    • Stakeholder fit
    • Decision pack
    When it fits More than one pathway is plausible, none obviously right.
The Exit Test

Four lenses we hold every pathway against.

Every Exit engagement runs the pathway through the same four lenses. Most exits look fine through one or two of them. The good ones survive all four.

If you can name the exit you're considering, we can run it through the test in a single conversation, before any chargeable work begins.

  • i · Timing

    Is now actually the right time?

    Where the business sits on its value curve, what the next twelve months change, and whether the timing is being chosen, or imposed by health, market or pressure.

  • ii · Value

    What is the business actually worth, after tax?

    Honest valuation, structured for the pathway. Headline price is rarely the right number. After-tax, after-earn-out, after-handover-cost, that one is.

  • iii · Relationships

    Who walks with you, and on what terms?

    Family, partners, staff, key customers, lenders. The exit lands well or badly with each of them separately. The pathway has to be readable from where they stand.

  • iv · Control

    How much of the wheel stays in your hands?

    Some pathways keep the owner driving until handover day. Others surrender control the moment the process starts. Knowing which is which is the difference between exiting and being exited.

How it works

From the first call to a pathway that walks well.

  1. Step 01

    Listen.

    A confidential conversation. The exit you're considering, what's driving the timing, who's already in the room. No commitment.

  2. Step 02

    Map the pathways.

    We lay out the realistic options, sale, succession, controlled wind-down, MVL, appointment, against timing, value, relationships and control.

  3. Step 03

    Choose the pathway.

    We run the four-lens Exit Test, agree the destination, and shape the work, the timeline and the team needed to get there.

  4. Step 04

    Walk it well.

    We hold the owner's view through the process, alongside your broker, lawyer, accountant or appointee, until the exit is done.

The broker wanted us on the market in eight weeks. Thryvv showed us why waiting twelve months would change the price by a third.

Owner, family-held manufacturing business Approached by two buyers and pushed toward an early sale. Exit-tested the timing, identified the value gaps to close, and ran the planning phase that lifted the eventual sale price materially.
Original timeline 8 weeks
Planned timeline 12 months
Pathway Trade sale
Outcome Materially higher price
Questions we hear often

What owners actually ask.

Honest answers to the questions that come up in the first call. If yours isn't here, ask us directly, the conversation is free.

  • Are you brokers or insolvency practitioners?

    No. We don't broker sales, take success fees on transactions, or accept formal insolvency appointments. We sit on the owner's side of the table and hold the bigger view. That independence is what makes the advice worth having, we have no incentive for the sale to close or the appointment to happen.

    When you do need a broker, lawyer or appointed liquidator, we'll help you choose the right one and work alongside them.

  • Is it too early to talk to you?

    Almost never. Most of the value in Exit shows up in the eighteen to thirty-six months before the sale, succession or wind-down actually happens, closing value gaps, reducing owner dependency, getting the numbers and the story aligned. The earliest conversations are often the most valuable ones.

  • Is it too late? A liquidator is already involved.

    No. Most of our urgent work starts here. Once a liquidator is involved, the company decisions are largely out of the directors' hands, but the personal decisions, the claims to come, and the way directors respond to them very much aren't. We work alongside your lawyer to test the claims, negotiate the position, and protect what can be protected.

  • Do you handle personal insolvency?

    We advise on the pathway and work alongside the appointed personal trustee or registered insolvency practitioner who runs the formal process. We help directors understand the options, bankruptcy, debt agreement (Part IX), personal insolvency agreement (Part X), and choose the right one rather than the first one offered. The formal appointment is then made by a registered practitioner.

  • What if my answer is I don't want to sell anymore?

    Then that's the answer, and it's a perfectly common one. About a third of the owners we run an Exit conversation with decide the right move is to keep the business and reshape it instead. We'll show you exactly what would need to be true for staying to be the right call, and hand you back to Grow or Manage if that's the better fit.

  • How long does an Exit engagement usually take?

    An option review or timing test usually runs four to eight weeks. A full sale planning, succession or controlled wind-down engagement is a longer relationship, typically six to eighteen months from first conversation to handover day. Urgent insolvency or appointment support runs on its own clock; we move at the pace the situation requires.

  • Is the first conversation really free?

    Yes. The first call is a no-cost, confidential conversation. We'll run your situation through the Exit Test on the spot and tell you honestly whether an Exit engagement is the right next step, or whether you have time to think it through before any work begins.

  • What does engagement usually cost?

    Fixed-fee where we can, scoped where we can't. After the first conversation we'll quote in writing, with the scope and price agreed before any chargeable work starts. No success fees on sales, no contingent pricing on appointments, the independence is the product.

Why directors call Thryvv first

  • Owner-side view through sale, succession or wind-down
  • Timing, value, relationships and control considered together
  • Coordination with existing advisers where needed
  • Scope and pricing agreed before work starts
  • Confidential first conversation

Bring us the exit you're considering. We'll plan it.

The first conversation is free and confidential. No commitment, no sales pitch, just an honest read on whether the pathway is the right one, and what the better-shaped version of it might look like.

Call now Talk to us