[gigatexal]

I've no M&A expertise nor do I have an MBA but I do know at least one friend from college who has been doing M&A for years now and I'll pass this on to him. But what I would say is that your gut is probably right. I would set some ground rules: they talk to the team as a whole or not. Have everyone sign NDAs and non competes so they can't poach one member and then copy your product.

[rockin_rolla]

Thanks!

[gigatexal]

I sent this post to some people in my linkedin network. Best of luck.

Have you a banker/lawyer you trust? That might help here.

[rockin_rolla]

Thanks! We have a good lawyer - but he certainly focus on legal aspects. M&A advice in this niche is really scarce... You barely hear about company acquisitions this "small" and how negotiations went. We had a M&A banker (through a friend) essentially give us the advice "make it intransparent, sell the whole package, don't let them go after you individually" - but getting advice and having the balls is two things... Plus: if half of the team is like "yeah, but maybe we can try interviewing and see what happens" you kind a lose the negotiation power after all :-/