Welcome to The Exit Plan, a podcast for business owners interested in learning more about selling their business. In this episode, the director and co-founder of Green and Purple, Katie Bent, talks with Barnaby about her career path and the distinctive course of Green and Purple. Starting with her early career in accounting, Katie describes her corporate experience and her partnership with Pete, which resulted in the founding of a company that provides flexible financing options for creative sectors.

The conversation reveals the M&A trajectory of Green and Purple, starting with their 2019 acquisition by a London-based company, followed by the spin-off of their Cambridge office, and ending with a full management buyout in 2020. Katie goes into great detail about the buyout's financial details, highlighting the need of individual financing and making all of the payments at once.

The topic of possible exit strategies is also discussed, as well as the significance of culture and trust in their decision to stick together. We talk about Green and Purple's growth goals for 2024, which centre on internal process optimisation and consolidation, as well as their latest purchase in the life sciences industry. Katie portrays a dynamic path for Green and Purple by demonstrating her dedication to ongoing progress while remaining open to individual directors' specific aspirations.

Join The Exit Plan mailing list: http://eepurl.com/iC8sIY