Preparing your business for a premium exit in today’s market

Australian dealmakers are navigating a market where pricing discipline and balance sheet strength matter more than ever. Recent transactions show that clean capital structures and cash-generative assets are attracting strong bids, while regulatory scrutiny and execution risk are reshaping how deals are structured. For SME owners, this environment presents both opportunity and challenge: those who prepare thoroughly can command premium valuations, while those who delay risk being left behind.

At Morgan Shaw Advisory, we believe readiness is not optional. Our EBITDA+ SIX STEPS TO SUCCESS™ framework helps owners bridge the gap between current performance and future value, ensuring businesses are positioned to thrive in competitive sale processes.

Why this matters now

Recent M&A activity highlights key trends:

  • Energy transition assets are in demand, as seen in Sembcorp’s $6.5 billion acquisition of Alinta Energy.

  • Regulatory risk is rising, with the ACCC blocking IAG’s $1.4 billion bid for RAC Insurance.

  • Cash-rich businesses are magnets for bidders, demonstrated by BGH Capital’s $357 million tilt at Webjet.

These developments underscore a shift toward disciplined valuations and strategic positioning. SME owners who anticipate these dynamics will be better equipped to attract serious buyers and negotiate favourable terms.

Insight: what buyers are looking for

Today’s buyers prioritise:

  • Strong cash flow and low leverage

  • Operational resilience and growth levers

  • Clear, well-documented information that reduces execution risk

Conversely, businesses with opaque financials or unaddressed risks face longer timelines and lower offers. Break fee disputes, such as Mayne Pharma’s recent case, remind boards that execution risk is real and costly.

How MSA helps you prepare

Our EBITDA+ SIX STEPS TO SUCCESS™ process is designed to make your business “Game Ready” by:

  • Conducting a comprehensive valuation and gap analysis

  • Strengthening financial and operational fundamentals

  • Building a tailored marketing strategy to attract strategic buyers

  • Creating a professional data room to streamline due diligence

  • Managing information flow to protect confidentiality and build buyer confidence

This structured approach ensures you enter negotiations from a position of strength and maximise your sale price.

Practical steps for SME owners

  • Review your balance sheet and reduce unnecessary debt

  • Prepare a clean, organised data room early

  • Identify growth levers that enhance buyer confidence

  • Understand regulatory risks and plan remedies in advance

  • Engage experienced advisors to manage negotiations and protect value

Next steps

If you are considering an exit in the next 12 to 24 months, now is the time to act. Download our guide on preparing for a successful sale or book a confidential consultation with Morgan Shaw Advisory. Visit morganshawadvisory.com/resources for more insights.

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How global deal trends are reshaping SME exit strategies in Australia