{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Juggling Stakeholders, Landing the Deal \u2013 Seller\u2019s Corner with Scot Cocanour","description":" Scot Cocanour | Promium | Founder & CEO  What\u2019s it like to sell a business after nearly a quarter-century of innovation, leadership, and growth?  In this episode, we speak with Scot Cocanour, founder and CEO of Promium, a specialized software company serving environmental labs. Scot reflects on the decision to sell after 24 years, navigating the M&A process while balancing the needs of his employees, customers, and shareholders.  He discusses the smooth, eight-month journey that exceeded expectations, the importance of timing, and the emotional and strategic elements of letting go. Scot also shares the surprising personal rewards of the sale\u2014including keeping a promise to his wife, traveling, coaching, and even starting a new venture.  This episode is full of grounded wisdom for tech CEOs looking to exit on their own terms\u2014without dropping the ball.  00:00 \u2013 Introduction & Promium\u2019s background 01:25 \u2013 Why Scot decided it was time to sell 02:15 \u2013 Choosing Corum and preparing for the process 03:00 \u2013 What surprised him most about the M&A journey 03:55 \u2013 Balancing owners, employees, and customers 05:00 \u2013 Life after the exit and lessons for founders ","author_name":"TechExits Podcast","author_url":"http:\/\/techexits.libsyn.com\/website","html":"