Topic
Generational handover of smaller companies, including M&A used as a succession route.
About 675,000 Korean SMEs led by executives aged 60 or older have no successor, the Ministry of SMEs and Startups estimates. Tax relief mostly covers handovers to children, so inside buyers must fund stakes worth tens of billions of won largely alone.
Reality
An Entrepreneur contributor says buyers, including private equity firms holding $1.2 trillion in unspent buyout capital, pay more for culture they can test. The case rests on one practitioner's deals, so owners get a reason to prepare and no measured premium.
Reality
Opio's first round comes from Frst, Seedcamp and Global Founders Capital. The 27% time saving is the company's own figure, taken from transaction services teams now running the product in 15 countries.
Reality
A former Zillow executive is betting that most small business owners shut down because nobody ever told them what the company was worth. Baton has now told two million of them, for free.
Reality
Korea's technology guarantee agency now sources and brokers small-company M&A as well as backing it. The bank's cash in the 14.3 billion won iM deal works out at roughly 200 million won.
Reality