Sell Your Business in Utah with Confidence
Trusted sell-side M&A advisors guiding middle-market founders across Salt Lake City, Provo, Ogden, and beyond.
Sell Your Business in Utah with Leading M&A Advisors Serving Salt Lake City, Provo, Ogden, and Beyond.
Your Vision, Our Nationwide Expertise: The William & Wall Advantage
William & Wall is a Scottsdale-based boutique investment bank specializing in sell-side M&A advisory and business sale services for middle-market companies across the Southwest, including Utah. From Salt Lake City’s SaaS and fintech corridor to Provo’s healthcare and services companies, we partner with founders to navigate ownership transitions, strategic sales, liquidity events, and divestitures — leveraging a nationwide network of private equity firms and strategic buyers. Our mission: help Utah business owners unlock value while ensuring their life’s work transitions with care.
Utah’s M&A market punches well above its size. Our quarterly Utah M&A Insights recorded more than 130 announced transactions in 2025 and 99 more in the first three quarters of 2026, from Salt Lake City and the Lehi tech corridor to construction, healthcare and energy businesses statewide. Most named acquirers come from outside Utah or overseas, and our quarterly tracking shows which are pursuing companies like yours.
Why founders choose William & Wall:
Utah-focused M&A advisors serving Salt Lake City, Provo, and Ogden, with regional expertise and nationwide buyer access
A disciplined process that adapts to auctions or direct negotiations to secure optimal outcomes
Advisory rooted in respect and clarity, guiding founders through complex decisions
Wall Street pedigree with decades of transaction and operating experience
Advising Utah business owners through ownership transitions and growth-focused M&A deals with clarity and precision.
Why Business Owners Trust Our M&A Advisory
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Local Roots, Regional Expertise
Scottsdale-based M&A advisors serving Utah founders across Salt Lake City, Provo, Ogden, and the Wasatch Front.
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Competitive Auction Process
Driving premium offers through confidential auctions with private equity firms and strategic buyers across the United States.
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Founder-Focused Approach
We guide business owners with clarity and respect, with $30B+ in transactions, including CEO experience at a billion dollar company.
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Data-Driven Business Valuation
Rigorous valuation methods and financial analysis to determine what your company is worth in a business sale in today’s market.
The Four Steps of a Successful Business Sale
Selling a business is both a milestone and a turning point. For Utah founders, success depends on approaching the process with clarity and foresight.
At William & Wall, we advise middle-market business owners across Salt Lake City, Provo, and Ogden, as well as throughout the Southwest. From ownership transitions and company sales to shareholder liquidity and divestitures, our structured framework helps founders navigate each step with precision. The result: stability for your future and continuity for the people who built your company with you.
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Every successful sale begins with preparation: clean, reviewed financials, clear goals for timing and proceeds, and a list of the issues a buyer will find. Preparation usually takes two to three months.
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Accurate valuation is the foundation of a strong sale. Using data-driven financial models, EBITDA multiples, and industry benchmarks, we determine what your company is truly worth in today’s M&A market. Our business valuation services provide clarity so you can make informed decisions with confidence.
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We craft professional, confidential materials that highlight your company’s strengths and growth story. Then we connect you with our nationwide network of private equity firms and strategic acquirers. By running a competitive auction process, we drive multiple bids and ensure you receive the strongest terms.
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From letters of intent to final purchase agreements, our team manages the entire negotiation process. We structure deals to maximize after-tax proceeds, reduce risk, and align with your legacy goals. With William & Wall as your advisor, you’ll have institutional-grade expertise at every step of the transaction.
Utah M&A by the numbers, from William & Wall’s quarterly Utah M&A Insights.
130+
Utah Deals in 2025
99
Utah Deals, Q1–Q3 2026
25
Utah Deals in Q3 2026
$2.3B
Q3 2026 Disclosed Value
2021
Firm Est.
Utah M&A Blog Insights
Unabridged Utah Founder’s Guide: Start your Utah business sale journey with clarity and confidence.
Private Equity Wishlist: A deep dive into what private equity firms are looking for in Utah businesses.
Utah’s M&A Future: Perspectives on timing and value capture for exits to private equity firms & strategic buyers.
City Spotlights: See M&A spotlights on Salt Lake City, Ogden, Provo & Lehi.
Utah Deal Insights: A recap of recent transactions and benchmarks.
Your Business. Your Legacy. Our Advisory.
Trusted Sell-Side M&A, Private Equity Advisory, & Business Valuation
Sell-Side Mergers & Acquisitions: Your Guide to Success
At William & Wall, we guide Utah business owners, from Salt Lake City and Lehi to Provo, Ogden and St. George through the most important financial transitions of their lives. Whether you’re preparing for an exit, considering a partial sale, or planning succession, our investment banking expertise ensures outcomes that maximize value while protecting legacy.
Sell-Side M&A: Maximizing Value and Legacy
We specialize in sell-side services, guiding owners through exits, strategic business sales, shareholder liquidity events, and divestitures. Our comprehensive process delivers premium outcomes by combining:
Pre-Planning & Valuation – Establish clear goals with accurate, data-driven valuation.
Marketing & Outreach – Position your business to attract the right private equity firms and strategic buyers.
Transaction Execution – From structuring and negotiation to closing, we manage every step with precision.
Buy-Side Acquisitions: Growth with Precision
For acquisitive businesses, William & Wall structures and leads buy-side engagements that support long-term value creation:
Strategy development aligned with long-term goals.
Target identification, outreach, and diligence.
Negotiation support to secure favorable terms.
Seamless execution through closing.
Shareholder & Succession Solutions
When ownership changes are required, we deliver tailored solutions including:
Management buyouts and partner buyouts.
Partial sales to private equity and other ownership transitions.
Comprehensive support from transaction design to final closing.
Answering the Questions Founders Ask Most
For many business owners, the first step in considering a transaction is simply understanding what their company is worth and how the process works. Owners often begin with practical questions about valuation, timing, and preparation:
“What is my business worth?”
“How long does a business sale take?”
“How do I prepare my business for sale?”
“When is the best time to sell a business in Utah?”
These signal the beginning of a transition mindset, where clarity around worth and process becomes essential. For many Utah founders, the question has become more pressing as national and international buyers look to the Wasatch Front for technology, healthcare and services companies. Yet selling a business is never just a financial decision — it’s deeply personal. Many founders quietly ask, “Is my business ready to sell?” or “What will happen to my employees if I move on?” Others wonder, “What’s the best time to sell my business in 2026?” or “How do I plan succession so my family is secure?”
These aren’t just technical questions — they reflect the weight of a life’s work and the responsibility you feel to those who built it with you. Some owners wrestle with how to retire while protecting culture. Others want to know whether a buyer will keep their team in Provo, Ogden or St. George, or fear losing control and not receiving full value for what they’ve created.
At William & Wall, we know these decisions carry as much emotion as they do numbers. That’s why, from our Scottsdale office, we sit on the same side of the table as Utah owners — guiding founders through uncertainty, balancing financial outcomes with human impact, and ensuring that when you sell, you feel both confident in the transaction and at peace with the transition.
Why William & Wall?
With over $30B in cumulative transaction expertise, we combine institutional rigor with boutique focus. For founders and families, we understand every transaction is about more than numbers — it’s about people, continuity, and securing the future you envision.
Start Your Next Chapter
Whether you’re selling, considering a partial sale, or planning succession, William & Wall is your trusted partner in M&A advisory.
Contact us today to begin your M&A journey.
Reasons Business Owners Sell
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Financial Freedom
Unlock liquidity from your life’s work — whether to retire, diversify your wealth, or pursue new ventures — with a sale that maximizes your business’s value.
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De-Risking Your Wealth
Concentrating your net worth in one company is risky. A sale converts that risk into diversified wealth, ensuring your family’s financial security.
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Legacy Secured
Choose a partner that aligns with your vision and values. With the right buyer, you can preserve your culture, protect employees, and ensure your brand’s future.
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Strength in Transition
Many owners want liquidity but aren’t ready to walk away. A partial sale lets you take chips off the table while keeping a meaningful role in the company’s future.
Selected Clients & Testimonials
“Due to a complex legal situation, I had to sell my company quickly. William and Wall completed the deal two months sooner than expected and secured double the initial offer, far exceeding my expectations. Needless to say, I highly recommend them.”
“As a Dental Partnership Organization, Imagen needed an advisor with both sector insight and technical rigor. William & Wall’s financial modeling and valuation work provided a clear, defensible understanding of our position in a rapidly consolidating market. Their strategic guidance brought the discipline and sophistication of a top-tier boutique investment bank, paired with the accessibility and focus of a firm that treats every mandate with precision.”
“It's not often you find a financial firm like William and Wall that genuinely understands the complexities of a niche market like ours and doesn’t just put you in a box. The firm was easy to work with, was attentive to the intricacies of our industry, and displayed a real grasp of the medical staffing industry, paying close attention to the details that make our business unique. I appreciate their straightforward approach and would recommend them to anyone in a specialized field seeking clear, informed financial guidance.”
William & Wall: Utah M&A Spotlight
Utah M&A Transactions, 2016–2024
Utah has evolved into one of the fastest-growing M&A markets in the Mountain West, anchored by the Salt Lake City–Provo corridor and the state’s thriving technology, healthcare, and industrial sectors. Deal flow reached a high of 241 transactions in 2021 valued at $17.1B, followed by a contraction in 2022 (179 transactions, $7.9B) as rising interest rates tempered activity. By 2023 (99 transactions, $18.1B) and 2024 (109 transactions, $18.2B), deal value rebounded sharply, underscoring Utah’s ability to attract both strategic and private equity capital even amid broader market volatility.
Several landmark transactions highlight the breadth of Utah’s market. In technology, Qualtrics (Provo) was acquired by SAP in 2018 for $8B, one of the largest SaaS transactions in U.S. history. That story came full circle when Silver Lake and CPP Investments acquired Qualtrics again in 2023 for $12.5B, reinforcing Utah’s role as a global hub for enterprise software. In healthcare, Intermountain Healthcare’s 2022 merger with SCL Health (creating a system with about $14B in annual revenue) positioned Salt Lake City at the forefront of regional healthcare integration. The consumer and retail sector has also drawn attention — Backcountry.com (Park City) was acquired by TSG Consumer Partners in 2015, reflecting continued private equity interest in lifestyle and outdoor brands rooted in Utah’s culture.
The industrial and logistics sector has also been active. OMERS Private Equity acquired a significant stake in Savage Companies (Midvale) in 2017, underscoring buyer appetite for critical infrastructure and supply chain assets.
Recent Utah deals show how varied the buyers are. In 2025, CRH acquired Eco Material Technologies for $2.1B, Apollo acquired Bridge Investment Group, and Bain Capital bought Sizzling Platter for $1.0B. In 2026, Capital One agreed to acquire Salt Lake City-based Brex for about $4.5B, Medtronic agreed to acquire West Valley City-based Scientia Vascular for $550M, Teledyne agreed to acquire Salt Lake City-based Varex Imaging for about $1.15B, Francisco Partners agreed to acquire Lehi-based Weave Communications, and Granite Construction added Provo-based Kenny Seng Construction.
Taken together, these transactions confirm Utah’s national significance as both a technology powerhouse and a diversified middle-market hub. With private equity dry powder at record levels and strategic buyers seeking footholds in the Mountain West, 2026–2027 presents a compelling opportunity for Utah founders — particularly in SaaS, healthcare, and consumer sectors — to pursue liquidity, succession, or a strategic sale at favorable valuations.
“Business owners often have limited visibility into the universe of potential buyers for their companies. Our goal with these insights is to bring greater transparency to regional M&A activity, highlight where private equity and strategic buyers are deploying capital, and help owners make more informed decisions about their company’s value, timing, and strategic alternatives.”
— Tro Panosian, Founder and Chief Executive Officer, William & Wall
TL;DR
William & Wall specializes in sell-side M&A advisory, helping business owners navigate business exits, partial sales, succession, and divestitures with confidence. Our comprehensive approach ensures maximum value while protecting your legacy. For Utah owners, from Salt Lake City and Lehi to Provo, Ogden and St. George, that means quarterly Utah deal data and access to the national and international buyers active along the Wasatch Front.
Pre-Planning & Strategy: Set clear valuation goals with expert guidance.
Analytical Modeling: Leverage data-driven insights for accurate business valuation.
Marketing & Outreach: Create compelling materials and connect with the right buyers.
Transaction Expertise: End-to-end support for structuring, negotiation, and closing.
Learn more about William & Wall. Discover our Services and Values, and visit our Team page for a closer look at the people and principles that define the firm.
FAQs
What does an investment banker like William & Wall do in a business sale?
William & Wall is a sell-side M&A advisor for business owners. We manage the full sale process—from valuation and positioning to buyer outreach, negotiation, and closing—running competitive auctions with private equity, family offices, and strategic acquirers to maximize value and legacy.
How long do engagements last?
M&A engagements typically run 4–7 months. Consulting work may last one month or continue on a recurring basis.
Does William & Wall work with family-owned businesses?
Yes. We regularly advise family-owned and founder-led businesses, structuring deals that balance liquidity, succession, and long-term legacy.
How is William & Wall different from a business broker?
Unlike brokers who focus on small, local deals, William & Wall is a boutique investment bank advising middle-market companies on complex M&A transactions with institutional buyers.
What type of companies does William & Wall serve?
We work with founder-led and privately held businesses under $300M in revenue and above $3M in EBITDA, across sectors such as software, healthcare, industrial services, manufacturing, and consumer.
Does William & Wall only work within certain geographies?
William & Wall advises companies across the continental United States, with a strong regional presence in the Southwest. Based in Scottsdale, Arizona, we proudly advise companies across Salt Lake City, Ogden, Provo, the state of Utah and the broader Mountain region.
How active is the Utah M&A market?
Very, for a state its size. Our Utah M&A Insights recorded more than 130 announced transactions in 2025, and 32, 42 and 25 in the first three quarters of 2026.
Who is buying Utah businesses?
Mostly strategic acquirers headquartered outside Utah or overseas, alongside private equity firms building platforms. In the second quarter of 2026, several buyers used Utah acquisitions to assemble larger engineering, IT and services platforms.
Which Utah industries are attracting buyers?
Software and technology, industrial and construction businesses, healthcare and medical devices, engineering and environmental services, financial services and energy all featured in our 2025 and 2026 Utah M&A Insights.
Plan Your Best Move:
The Business Owner’s Playbook Diagnostic
William & Wall’s Proprietary 20-Minute Readiness Assessment
Developed by William & Wall for business owners contemplating a transition, this diagnostic is a proven framework to evaluate your readiness to sell, pass on, or continue building your company. In just 20 minutes, you’ll answer structured questions, score your results, and gain clarity on the options ahead.
Your business is more than numbers — it’s your life’s work, your people, your legacy. This tool helps you approach one of the most important decisions of your life with foresight, confidence, and a clear path forward.
M&A Overview
$3M+
EBITDA Profile
<$300M
Revenue Profile
10,000+
Buyer Network
Agnostic
Industry Coverage
USA
Geographic Focus
In-person and remote options
Our office is conveniently located in Scottsdale, Arizona, although we proudly work with clients in Utah and across the continental U.S. We offer Zoom calls and in-person consultations.
Your Future Awaits.
Get started with William & Wall today.
