KOVRENT
For founders / How a deal works

Six steps. Fast and diligent.

We move at the pace the firm allows, and we are direct along the way. If it is not a fit, we say so early rather than let it drift. Cash lands the day we sign, and any Kovrent equity issues the same day. How each part of the price works: Our Model.
  1. First conversation
    A short call. If we are not the right buyer, you hear it here.
  2. The math
    Financials under NDA. A real range, and how we got there.
  3. LOI
    One page. Cash, equity, any earnout, any note, your role. In writing.
  4. Diligence
    Thorough, not slow. The request list is fixed before day one.
  5. Close
    Cash lands the day we sign. Any Kovrent equity issues the same day.
  6. Integration
    Back office onto shared infrastructure. Clients, team, and brand stay where they are.
What we ask for
Three years of financials
Clean or messy. We have read worse.
Your current ADV
It is public anyway.
A client roster under NDA
Anonymized is fine to start.
A few hours of your time
On your calendar. That is the whole ask.
After the close
At first, almost nothing changes.
Your clients get a letter you approved, signed by you. Payroll, titles, and compensation stay where they were.
Then the back office gets better.
Reporting, billing, and compliance move onto our infrastructure one system at a time, tested before switched.
Then the plan we wrote together.
Your calendar, your pace. Every quarter you and a partner look at the same numbers.
Questions founders ask here
What if my team doesn’t want to stay?
Then we have a problem worth knowing about before we sign, not after. We talk to your senior people during diligence, with your blessing and on your timeline.
Can I change my mind?
Until the documents are signed, you can walk away and it costs you nothing. We have walked away from deals we wanted. So can you.
Do you talk to my clients?
Not during diligence. Not without you in the room. Ever.
How long do I stay?
Most founders stay two to three years. We will tell you what we need from you before you tell us what you want.
I have a successor in the firm.
Tell us on the first call. Most of our deals are built around that person. They stay, they run it, and they earn Kovrent equity on a written schedule. For RIA Successors.
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