AP Advisory Resources Whitepaper
Whitepaper
The Roll In and Multiple Expansion
An ownership strategy for mortgage brokerage founders
Why exchanging part of a smaller business for participation in a larger platform can alter the economics of ownership, and when multiple expansion is real versus assumed.
PDF · thought leadership whitepaper
Opening
A founder does not always have to choose between owning 100% of a smaller brokerage and selling 100% of it.
A roll-in can combine an immediate liquidity event with continued equity participation in a larger enterprise. The decision is therefore about more than the sale price of the existing business.
The roll-in is a change in what you own.
Contents
Chapters
- 01 Executive perspective
- 02 The ownership model
- 03 The founder exchange
- 04 Illustrative economics
- 05 Value creation
- 06 Sector application
- 07 Risk and alignment
- 08 The Private Strategic Office™
- 09 Conclusion
Full text in the downloadable PDF.
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