While working with aerospace and defense middle market owners over the past 25 years, we are often asked by clients: “Can I go on vacation, or take time off, during the sale process?”
The short answer is yes, but your team and timing matter.
If you’ve built a dependable management team that is aware of the sale process and has access to the information required during due diligence, you have more flexibility. A strong team can help manage the day-to-day demands of the process, allowing you to step away without disrupting progress at many stages of the sale.
However, if the business still primarily runs through you (as is often the case in the middle market), you will likely have to be more selective when taking time off. In those situations, we have found the best window to take time off is typically during the early stages of solicitation, when your advisory team is leading buyer outreach, and day-to-day demands on the owner are lighter. By the time you reach initial bids, management presentations, and initial due diligence, your presence becomes far more critical again.
You can take a vacation during a sale process, but the strength and inclusion of your team will ultimately determine when and how easily you can do so.
Have a good day,
Ryan Kirby
Junior Partner
