Publication

High-growth companies inevitably reach a stage where founders, investors, or leaders seek to unlock and realize the value they have built. The right approach to a liquidity event depends on timing, market conditions, company readiness, and strategic ambition.

Nonexecutive directors play a critical role in challenging assumptions, offering strategic guidance, and ensuring that the company is well-prepared for the next phase. Success hinges on the strategic insight of the board and on thoughtful preparation for the event and for the next phase of the company’s existence.

On April 10, 2025, members of the European Growth Audit Network (EGAN) met online to discuss preparing for a liquidity event. Members were joined by Dr. Axel Wittmann, Partner, Clifford Chance, and Dr. Max Alles, Counsel, Clifford Chance.