AJETO M&A · Exits Talk to us
Boutique M&A · sell-side mandates

You build once.
You sell once.
Get it right.

AJETO advises founder-led technology companies on the sale of their business. We prepare the company, create buyer demand and negotiate through to signing.

Confidential. No obligation.

A · J · E · T · O Acquire · Join · Exit · Together
Mandate
Sell-side, majority or 100%
Sector
Technology & tech-enabled
Buyers
Strategic & financial, Europe and US
Base
Prague, working cross-border
Acquire

Buyers who need what you built — approached deliberately, not blasted at a list.

Join

Rollover, earn-out, retention. What happens to you and your team after closing.

Exit

A clean process that ends in a signature, not a year of conversations.

Together

Two partners on the deal from kick-off to closing. Never a junior team.

What we do

Not "find a buyer" — prepare the company, build the demand, close the deal

A sale is won long before the term sheet — in how the company is positioned, which buyers are approached, and in what order.

Exit readiness

Cap table, IP chain of title, contracts, metrics — fixed before a buyer's diligence finds them.

Positioning & equity story

What the company is worth to a specific acquirer, and how to say it. Model, narrative, data room.

Buyer research & outreach

A short, researched list of acquirers with a concrete reason to move — approached under NDA, in sequence.

Process & competitive tension

Timelines, indicative offers, management meetings. Real alternatives are the only thing that moves price.

Negotiation & deal structure

Consideration mix, earn-out, escrow, warranties, lock-up. Price is one number among many.

Due diligence & closing

We run the data room and Q&A so diligence does not stall the business, then drive SPA and closing.

Legal and commercial under one roof. AJETO leads the commercial process; the legal workstream is delivered by spectre.law. One team facing the buyer.
How we work

Five stages, six to twelve months, one team the whole way

The shape is always the same; the detail is built for your company. No generic auction template.

01

Fit

A confidential conversation about the company and your timing. If selling now is the wrong move, we will say so. No obligation.

02

Preparation

Equity story, financial pack, data room, legal readiness. Four to eight weeks removing what a buyer would later discount.

03

Market

Acquirers with a strategic reason to buy, approached under NDA in a sequence built for real competition.

04

Negotiation

Indicative offers, then term sheets. Price, structure, earn-out and founder terms in parallel — with more than one party live.

05

Closing

Buyer diligence, disclosure, SPA, signing, settlement. We keep it moving so the company does not stall.

Track record

Deals our partners have led, on both sides of the table

We have sold our own companies and advised on the sale of others. That combination is the point of AJETO.

Founder-led exit
Skrz / Slevomat → Secret Escapes

Petr led Skrz.cz as co-owner and CEO through the sale and the integration after it. spectre was counsel on the wider Slevomat sale.

Pre-revenue exit
Macaly — an exit built on technology, not revenue

Sold with almost no revenue. The buyer paid for the feature set and the AI-first team behind it, under pressure from rivals who each knew only one would get it.

Strategic sale
DámeJídlo / Foodora → Delivery Hero

Full legal lead on the sale of a leading Czech food-delivery platform to a global acquirer.

Majority deals
IGNUM · IoT.Water

Majority transactions, rollovers and investment rounds across software, SaaS, e-commerce and deep tech.

Is it for you

We take a small number of mandates a year

A deliberate constraint, not a marketing line. Two people cannot personally run twenty processes — which is why most founder exits disappoint.

A good fit

  • Founder-owned technology companies, where the founders control the decision.
  • A sale is a real decision within 6–18 months, not a hypothetical.
  • Something a buyer would pay for: product, team, customers, or a position they cannot build quickly.
  • You want senior people personally on the deal, not a process run by analysts.

Probably not a fit

  • You are raising capital, not selling. We will point you somewhere better.
  • Pre-product or pre-team, with nothing an acquirer can absorb.
  • You want a valuation opinion rather than a transaction.
  • The company is in distress and the timeline is weeks.
Team

The people who pitch are the people who do the work

Jan and Petr stay personally involved from kick-off to closing. Roles are divided internally; the buyer sees one team.

Jan Krabec
Jan Krabec, LL.M.
Co-lead M&A adviser · lead counsel · spectre.law

Managing partner of spectre.law, with more than 17 years of M&A behind him. Runs mandate leadership, process design, term sheets, legal structure and closing.

LinkedIn — profile of Jan Krabec
Petr Kováčik
Petr Kováčik
Co-lead M&A adviser · strategic positioning

Founder, operator and investor — sold his own company, now builds and backs others through BUDETO Studio. Runs positioning, buyer demand and the founder story.

LinkedIn — profile of Petr Kováčik
Questions

The things founders ask on the first call

Is the first conversation confidential?
Yes. Nothing leaves the two of us, and we will sign an NDA before you share specifics. No buyer is approached without your go-ahead.
How long does a sale take?
Typically six to twelve months: one to two of preparation, three to five in the market, two to three from term sheet to closing. Rushing the first stage makes the last one expensive.
What does it cost?
We work on a mandate basis and agree terms once we understand the transaction — its size, complexity and how much preparation it needs. Ask on the first call and you will get a straight answer.
Where do you find buyers?
A specific list for each mandate: strategic acquirers who need what you built, plus financial buyers where the profile fits, across Europe and the US. No mailing list.
Do you also work with buyers?
Our default is sell-side. Where a founder wants to acquire instead, we will discuss a buy-side mandate — but never both sides of the same deal.
How is this different from a big advisory firm?
Two partners, a handful of mandates a year, both in the room for every negotiation that matters — an M&A lawyer of two decades and a founder who has sold his own company.
Get in touch

Thinking about selling in the next 18 months?

Tell us what the company does, roughly what it earns, and why now. We will tell you what a process would look like — and whether we are the right people to run it.

Everything you share is confidential. We sign an NDA on request, and no buyer is contacted without your approval.

Email
petr@ajeto.xyz

Two or three lines about the company and your timing. Jan or Petr replies personally, usually within a working day.

Start the conversation