The Shoot the Moon podcast is for IT business owners and executives. The Revenue Rocket leadership team brings their 25+ years of experience with M&A and growth strategies to IT Services company leaders worldwide.
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The Shoot the Moon podcast is for IT business owners and executives. The Revenue Rocket leadership team brings their 25+ years of experience with M&A and growth strategies to IT Services company leaders worldwide.
Matt Lockhart and Ryan Barnett discuss the importance of non-compete and non-solicitation clauses in M&A deals for tech services companies. Non-competes protect buyers' interests by preventing sellers from using their knowledge and relationships to compete. Duration can range from one to five years, with shareholder agreements often lasting five years. Scope should be specified to avoid overly broad restrictions. Enforceability varies by state. Non-solicitation clauses protect against employee poaching. Consideration for non-competes can include cash. Sellers should carefully review these clauses with legal counsel to ensure they are market-standard and not overly restrictive.
Shoot the Moon with Revenue Rocket
The Shoot the Moon podcast is for IT business owners and executives. The Revenue Rocket leadership team brings their 25+ years of experience with M&A and growth strategies to IT Services company leaders worldwide.
