Most independent sponsor deals keep the founder or CEO in place. The experience is different from running your own company; knowing what changes helps you prepare.
What stays the same
Day-to-day operations, your team, customer relationships, and most strategic decisions inside the agreed budget.
What changes
A formal board, monthly reporting, capital allocation reviewed at the board level, and a 100-day plan with explicit milestones.
The hardest adjustment
Going from sole decision-maker to one of several voices on capital allocation. Strong sponsors are collaborative; weak ones are controlling. Pick carefully.
How long founders stay
On average, founders who roll equity stay three to five years post-close. Some stay until the next exit; some transition out within two years. The deal documents should give both sides a clean path either way.
If you are evaluating a transaction in this space and want a candid second look, Solender Capital is happy to compare notes. Reach out through our contact page and share what you are working on.