Now booking Q1 2027 engagements
For $5M–$10M Software Agency Founders
The Ascent • 90-day engagement

What would a buyer actually pay for your dev agency?

For $5M–$10M dev agencies. In 90 days we get your numbers, contracts and operations to the standard buyers pay a premium for. Sell when you’re ready, or keep a business that’s worth more and depends less on you.

Take the Diagnostic
Takes 3 minutes • 15 questions • Instant benchmark report
The valuation gap

How much more could a buyer pay?

Move the slider to your agency’s current annual revenue.

$7.0M
Your annual profit (at 25%)$1.75M
Estimated valuation
At 5x your profit$8.8M
At 7x your profit$12.3M
The difference
+$3.5M
higher valuation

See what stands between your agency and being valued at 7x.

Take the Diagnostic
Takes 3 minutes • 15 questions • Instant benchmark report

Assumes a 25% profit margin (adjusted EBITDA). Multiples from Aventis Advisors and DealFlow Agent, 2025–26 M&A data. This is an illustration, not a valuation.

How buyers see it

Buyers pay for what they can check

Strong profit gets you a meeting. After that, a buyer looks for risk. Anything they can’t check, or can’t keep after you leave, comes off the price. The good news is that most of it can be fixed long before a sale is on the table.

Key-person risk

The business still leans on you

If the big client relationships and technical calls sit with you, a buyer is really buying you. They’ll pay less, or want you to stay on for years after the sale.

Unclear numbers

Profit a buyer can’t verify

If your margins and adjustments live in a spreadsheet only you understand, a buyer’s accountant will discount them or ignore them.

IP and contracts

Ownership nobody has checked

Missing contractor agreements, unsigned client contracts and code reused across clients all come out in due diligence. Usually at the worst moment.

Concentration

Too much revenue from too few clients

When two or three clients carry the business, a buyer sees each one as a reason to pay less.

The multiple

Same revenue. Very different price.

Agencies sell for a multiple of their yearly profit (EBITDA). The multiple depends on how much a buyer can check and how much stays when you leave.

Founder-led

2x–4x EBITDA

Runs on the founder. Buyers discount that risk.

Systematized

5x–7x EBITDA

Steady revenue, a spread of clients and documented processes.

Buyer-ready

7x–10x+ EBITDA

Owned IP, a team that runs without the founder and records a buyer can check.

The Ascent is built to move you from the middle tier toward the top one. Source: Aventis Advisors and DealFlow Agent, 2025–26 M&A data. Multiples change with market conditions and the buyer.

The difference

What’s different after 90 days

Same business. Worth more, whether you sell it or keep it.

BeforeYour profit figures need you to explain them.
After
Your accountant has signed off figures a buyer can check.
BeforeKey clients and decisions sit with you.
After
Your team holds them, and there’s a written succession plan.
BeforeContracts and IP are spread across inboxes and folders.
After
Every contract and piece of IP is registered and ready for your attorney.
BeforeA buyer calls and you need months to get ready.
After
You send them a link to your data room.
BeforeYou don’t know what’s holding your value back.
After
You have a score across the seven areas buyers check, and you know what would raise it.

Right now a buyer would be buying you. After the Ascent, they’re buying the business. That gives you real options: sell, bring in a CEO or step back and keep the profits.

Take the Diagnostic
Takes 3 minutes • 15 questions • Instant benchmark report
How it works

How the 90 days work

Three stages. A working call with Ben every week. The big decisions get made with you.

Stage 01
Days 1–30 • Maximum Margin

Get your numbers buyer-ready

We run two years of project data through MVG Console, check your real overheads, move your pricing toward value and adjust your profit figures the way a buyer’s accountant expects. Your accountant signs off the final numbers.

Improves: Financial Architecture, Revenue Concentration
Stage 02
Days 31–60 • Maximum Independence

Make it run without you

We match every piece of IP to the contract that covers it, collect every staff and contractor agreement for your attorney to review, write down how the business runs and plan for you to step back.

Improves: Founder Dependency, Operational Documentation, IP & Contractual Hygiene
Stage 03
Days 61–90 • Maximum Multiple

Be ready whenever a buyer calls

We prepare three years of clean financials, the document that introduces your business to buyers (an Information Memorandum), the case for your valuation and a profile of likely buyers. Then we set up your data room inside MVG Console.

Goal: a readiness score of 86 or above

The engagement ends on Day 90. Your data room stays live and your score keeps updating. If a buyer calls eight months later, you send them a link.

Exit Readiness Score

Seven things buyers check, scored from day one

The Exit Readiness Score rates your agency on the seven areas buyers look at. You see it from the first week, so you always know where you stand and what to fix next.

Financial Architecture
Revenue Concentration
Revenue Mix
Founder Dependency
Operational Documentation
Specialization Depth
IP & Contractual Hygiene

The score measures how ready you are to sell. It isn’t a valuation or a promise of what a buyer will pay.

Fit

Is the Ascent right for you?

Your diagnostic decides. We won’t put you through work you don’t need.

Start here if

Your margins are already strong and the business doesn’t stall when you step away. You don’t need the Refactor, and we won’t sell it to you.

Start with the Refactor if

Profit still lags revenue or most decisions still need you. Fix the foundations first, then come back.

You may need neither if

Your systems are strong and you can keep them that way without outside help. MVG Console is available on its own.

Ben leads every engagement himself, so only a few run each quarter.

Questions

Common questions

Do I have to sell?
No. Selling is one option. If you keep the business, you own a stronger company with clean numbers and a team that runs without you.
I’m years away from selling. Is it too early?
No. Buyers look closely at your last two to three years of numbers. Starting now means those years already look the way a buyer wants to see them, and you run a stronger business in the meantime.
Will you find me a buyer?
No. We don’t introduce, approach or negotiate with buyers, and we’re not brokers. We get the business ready. You choose who helps you sell it.
Who else is involved?
Your accountant signs off the numbers. Your attorney reviews contracts and IP. We brief them both so their work is quick and focused, and you hire them directly.
How much of my time does it take?
A weekly working call with Ben, plus time to make decisions and pull documents together. We handle the rest.
What happens after Day 90?
Your data room stays live and your score keeps updating as the business changes. When a buyer calls, you’re ready.
What does it cost?
Fees depend on which engagement fits. Ben goes through them on your debrief call.
Instant benchmarking

See where your agency stands in 3 minutes.

Take the Dev Agency Diagnostic. You’ll see how your agency scores and whether you can start with the Ascent.

1
Take the diagnostic
15 questions. About 3 minutes.
2
Get your report
Instantly, compared with industry benchmarks.
3
Talk it through with Ben
A 45-minute call on your results. No charge. The findings are yours to keep.
Take the Diagnostic
Takes 3 minutes • 15 questions • Instant benchmark report
Important notice

MV&G Systems (Intensia Pty Ltd, ACN 144 893 363) builds operating systems, processes and document templates. We don’t give legal, tax, accounting or M&A advice. We don’t introduce, approach or negotiate with buyers, and we don’t act as a broker in any sale. You hire your attorney, accountant and other advisers directly. Ben Waldeck is admitted to practice in Queensland, Australia, and does not practice law in any US jurisdiction. The Exit Readiness Score is not a valuation. Multiples change with the market, the sector and the buyer, and none of that is in our control.

The Ascent | MV&G Systems