The Exiteers Secure Official Trademark for VIMBO
We are excited to share some big news from the Exiteers: we have officially trademarked the term “VIMBO”.
Short for Vendor-Initiated Management Buy Out (VIMBO), this approach sits at the heart of our mission to transform the way business owners exit their companies.
A Vendor-Initiated Management Buy Out (VIMBO) is where the business owner facilitates the sale to the incumbent management team by using existing cash reserves and future company profits to fund the purchase. A VIMBO is one of the most effective ways to realise the full value of a business for a seller, and it avoids the lengthy due diligence processes and extensive warranties typically associated with traditional sales, while providing a smoother, more controlled transition.
A VIMBO also helps secure the long-term success of a company after the vendor’s departure by placing it in the hands of people who genuinely understand and care about the business. At the same time, it gives the management team greater confidence and stability, as the vendor’s continued vested interest in the company’s performance creates strong alignment and continuity throughout the transition.
More and more owners today are seeking exit strategies that protect their legacy, safeguard their team, preserve company culture and minimise disruption within the business. A VIMBO is designed with these priorities in mind, empowering owners to exit on their terms while setting their company up for long-term success.
If this sounds like an exit strategy that could work for you and your business, get in touch to have a discussion with us.