NexTec Group CEO Eric Frank built his ERP business for over 30 years before weighing his exit options. In this video, he explains why founders looking to sell their technology services business should consider permanent capital over traditional private equity. Frank covers how the deal allowed one founding partner to retire on his terms, why the decentralized operating model preserved the business they built, and why, when asked at a conference, why he was still around, his answer was simple: “Because they do the right things.”
Watch the full video below.