<description>&lt;div class="OutlineElement Ltr SCXW222509718 BCX8"&gt; &lt;p class="Paragraph SCXW222509718 BCX8"&gt;&lt;span class= "TextRun SCXW222509718 BCX8" lang="EN-US" xml:lang="EN-US" data-contrast="auto"&gt;&lt;span class= "NormalTextRun SCXW222509718 BCX8"&gt;Scot Cocanou&lt;/span&gt;&lt;span class= "NormalTextRun SCXW222509718 BCX8"&gt;r |&lt;/span&gt; &lt;span class= "NormalTextRun SpellingErrorV2Themed SCXW222509718 BCX8"&gt;Promium&lt;/span&gt; &lt;span class="NormalTextRun SCXW222509718 BCX8"&gt;|&lt;/span&gt; &lt;span class="NormalTextRun SCXW222509718 BCX8"&gt;Founder&lt;/span&gt; &lt;span class="NormalTextRun SCXW222509718 BCX8"&gt;&amp; CEO&lt;/span&gt;&lt;/span&gt;&lt;span class="EOP SCXW222509718 BCX8" data-ccp-props= "{"134233117":false,"134233118":false,"201341983":0,"335551550":1,"335551620":1,"335559685":0,"335559737":0,"335559738":240,"335559739":240,"335559740":259}"&gt; &lt;/span&gt;&lt;/p&gt; &lt;/div&gt; &lt;div class="OutlineElement Ltr SCXW222509718 BCX8"&gt; &lt;p class="Paragraph SCXW222509718 BCX8" lang="EN-US" xml:lang= "EN-US"&gt;&lt;span class="TextRun SCXW222509718 BCX8" lang="EN-US" xml:lang="EN-US" data-contrast="auto"&gt;&lt;span class= "NormalTextRun SCXW222509718 BCX8"&gt;What's&lt;/span&gt; &lt;span class= "NormalTextRun SCXW222509718 BCX8"&gt;it like to sell a business after&lt;/span&gt; &lt;span class="NormalTextRun SCXW222509718 BCX8"&gt;nearly a&lt;/span&gt; &lt;span class= "NormalTextRun SCXW222509718 BCX8"&gt;quarter-century of innovation, leadership, and growth?&lt;/span&gt;&lt;/span&gt;&lt;span class= "EOP SCXW222509718 BCX8" data-ccp-props= "{"134233117":false,"134233118":false,"335551550":1,"335551620":1,"335559738":240,"335559739":240}"&gt; &lt;/span&gt;&lt;/p&gt; &lt;/div&gt; &lt;div class="OutlineElement Ltr SCXW222509718 BCX8"&gt; &lt;p class="Paragraph SCXW222509718 BCX8" lang="EN-US" xml:lang= "EN-US"&gt;&lt;span class="TextRun SCXW222509718 BCX8" lang="EN-US" xml:lang="EN-US" data-contrast="auto"&gt;&lt;span class= "NormalTextRun SCXW222509718 BCX8"&gt;In this episode, we speak with Scot Cocanour, founder and CEO of&lt;/span&gt; &lt;span class= "NormalTextRun SpellingErrorV2Themed SCXW222509718 BCX8"&gt;Promium&lt;/span&gt;&lt;span class="NormalTextRun SCXW222509718 BCX8"&gt;, a specialized software company serving environmental labs. Scot reflects on the decision to sell after 24 years, navigating the M&amp;A process while balancing the needs of his employees, customers, and shareholders.&lt;/span&gt;&lt;/span&gt;&lt;span class= "EOP SCXW222509718 BCX8" data-ccp-props= "{"134233117":false,"134233118":false,"335551550":1,"335551620":1,"335559738":240,"335559739":240}"&gt; &lt;/span&gt;&lt;/p&gt; &lt;/div&gt; &lt;div class="OutlineElement Ltr SCXW222509718 BCX8"&gt; &lt;p class="Paragraph SCXW222509718 BCX8" lang="EN-US" xml:lang= "EN-US"&gt;&lt;span class="TextRun SCXW222509718 BCX8" lang="EN-US" xml:lang="EN-US" data-contrast="auto"&gt;&lt;span class= "NormalTextRun SCXW222509718 BCX8"&gt;He discusses the smooth, eight-month journey that exceeded expectations, the importance of timing, and the emotional and strategic elements of letting go. Scot also shares the surprising personal rewards of the sale—including keeping a promise to his wife, traveling, coaching, and even starting a new venture.&lt;/span&gt;&lt;/span&gt;&lt;span class= "EOP SCXW222509718 BCX8" data-ccp-props= "{"134233117":false,"134233118":false,"335551550":1,"335551620":1,"335559738":240,"335559739":240}"&gt; &lt;/span&gt;&lt;/p&gt; &lt;/div&gt; &lt;div class="OutlineElement Ltr SCXW222509718 BCX8"&gt; &lt;p class="Paragraph SCXW222509718 BCX8" lang="EN-US" xml:lang= "EN-US"&gt;&lt;span class="TextRun SCXW222509718 BCX8" lang="EN-US" xml:lang="EN-US" data-contrast="auto"&gt;&lt;span class= "NormalTextRun SCXW222509718 BCX8"&gt;This episode is full of grounded wisdom for tech CEOs looking to exit on their own terms—without dropping the ball.&lt;/span&gt;&lt;/span&gt;&lt;span class= "EOP SCXW222509718 BCX8" data-ccp-props= "{"134233117":false,"134233118":false,"335551550":1,"335551620":1,"335559738":240,"335559739":240}"&gt; &lt;/span&gt;&lt;/p&gt; &lt;/div&gt;</description>

TechExits Podcast

(WFS) World Financial Symposiums

Juggling Stakeholders, Landing the Deal – Seller's Corner with Scot Cocanour

AUG 8, 20256 MIN
TechExits Podcast

Juggling Stakeholders, Landing the Deal – Seller's Corner with Scot Cocanour

AUG 8, 20256 MIN

Description

Scot Cocanour | Promium | Founder & CEO

What's it like to sell a business after nearly a quarter-century of innovation, leadership, and growth?

In this episode, we speak with Scot Cocanour, founder and CEO of Promium, a specialized software company serving environmental labs. Scot reflects on the decision to sell after 24 years, navigating the M&A process while balancing the needs of his employees, customers, and shareholders.

He discusses the smooth, eight-month journey that exceeded expectations, the importance of timing, and the emotional and strategic elements of letting go. Scot also shares the surprising personal rewards of the sale—including keeping a promise to his wife, traveling, coaching, and even starting a new venture.

This episode is full of grounded wisdom for tech CEOs looking to exit on their own terms—without dropping the ball.