TruWater Advisory Hero Background

We Help Founder‑Led Businesses
Achieve Premium Exits

Specialist M&A advisers to technology, professional services, marketing, and software firms

Over $1B In Deal Value Executed
50+ Transactions Worked On
15+ $50M+ Deals
100% Client Happiness Rate

These statistics represent total figures relating to transactions completed by our principals while working at previous firms and are not totals reflecting transactions completed by TruWater Advisory Ltd.

Built for Founder-Led Businesses

We advise founders and owner-managers of Marketing, Consulting, Software and Technology services businesses preparing for a significant liquidity event.

Our clients are typically profitable, growth-oriented businesses operating in the mid-market, where deal outcomes materially impact personal wealth, legacy and future direction.

We work closely with founders considering:

  • A full exit
  • A partial sale or private equity investment
  • A strategic acquisition by an industry buyer
  • Recapitalisation to support the next phase of growth
We typically advise on deals up to $100m enterprise value, delivering disciplined, competitive sale processes tailored to founder-led businesses.

Recognised experts in Consulting, Media, Marketing, Technology, and Data.

A Structured, Data-Led Sell-Side Process

We run disciplined, evidence-based sale processes designed to maximise valuation,
create competitive tension and deliver certainty of close.

01

Strategic Positioning & Preparation

Deep diagnostic of business model, financials, and market positioning to build a compelling investment narrative.

02

Targeted Buyer Mapping & Outreach

Data-driven identification of strategic and financial buyers, executed through a confidential, structured process.

03

Competitive Offer Management

Orchestrating multiple interested parties to create competitive tension and optimise terms.

04

Diligence Control & Risk Mitigation

Proactive management of the due diligence process to protect value and maintain momentum.

05

Negotiation & Close

Senior-led negotiation of definitive documentation through to successful completion and handover.

Preparing for a Premium Exit

Not every business is immediately ready for market.

We work with founders in advance of a transaction to strengthen valuation positioning, address structural risks and ensure transaction readiness before initiating a sale process.

Our preparation services typically include:

  • Financial presentation and KPI refinement
  • Revenue composition and earnings quality analysis
  • Growing high-value revenue streams
  • Incentive structure design to align key management ahead of sale
  • Shareholder alignment and governance structuring
  • Identification and mitigation of potential diligence risks
  • Equity story refinement and buyer positioning

WANT TO FIND OUT HOW READY YOUR BUSINESS IS FOR SALE TODAY?

THE READY SCORECARD

Rate your business across each dimension.

This tool is designed to provide an objective, realistic assessment of your market readiness—not a flattering one.

A Proven Track Record in Founder-Led Transactions

TruWater Advisory advises Heroleads on joining Havas

Sector Media & Marketing
Seller Heroleads
Buyer Havas
Date February 2025
Heroleads
Acquired by
Havas
Marketing Services
February 2025

TruWater Advisory advises TeBS on joining Avanade

Sector Technology & Data
Seller TeBS
Buyer Avanade
Date September 2025
BS
Acquired by
Avanade
IT Services
September 2025

TruWater Advisory advises Motor Design Limited on joining Ansys

Sector Technology & Data
Seller Motor Design Limited
Buyer Ansys
Date May 2022
Motor
Design
Limited
Acquired by
Ansys
Software
May 2022

Latest Insights

Critical thinking and technical analysis for founders navigating the M&A landscape.

Cloud, DevOps & IT Services

Growth and Consolidation: IT Services M&A in 2024

Our perspective on M&A activity and trends in the IT Services segment, covering forecast activity levels, key buyers, and notable deals of 2024.

Read article →

B2B Tech

What Is a Roll-Up? A Guide for Founders

Been approached about a roll-up of your business? This guide covers what a roll-up is and what founders need to know before engaging.

Read article →

Cloud, DevOps & IT Services

The Oracle Partner Landscape: The Quiet Consolidation

While Microsoft and Salesforce dominate headlines, Oracle's partner ecosystem has been consolidating in silence across Asia Pacific.

Read article →