Latest / The Acquisition Talk with Fexingo: Mergers, Buyouts, and Business Sales for Operators
How the Non-Compete Trap Blocks Founders from Their Next Move
Episode 65 of The Acquisition Talk digs into a trap that catches founder-sellers off guard long after the deal closes: the post-closing non-compete clause. Lucas and Luna walk through a real scenario from 2021 where a health-tech founder sold his company for $40 million, only to realize the non-compete was drafted so broadly it prevented him from working in any software-adjacent health field for five years. They explain how private equity buyers use non-competes not just to protect goodwill, but to lock up talent and eliminate future competition. Lucas breaks down what a reasonable…
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