Todd Sullivan

⭐ 5.0

Founded:

SpiritShop, CrowdZone, Betterfly, SHOCKZ

Sold To:

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About

Todd Sullivan is a serial tech entrepreneur and former professional hockey player who has built and sold four companies. Today, he leads Exitwise.com, an M&A advisory platform that helps business owners assemble elite, industry-specific teams of investment bankers, Exited Founders, and deal experts to maximize the value of their exit.

Todd’s entrepreneurial track record includes co-founding CrowdZone, which was acquired by CBS Local, and co-founding Betterfly, which was acquired by Microsoft through a merger with TakeLessons. Both M&A transactions are proof of Todd's ability to build high-growth consumer technology and integrate it into major media and software ecosystems.

After selling his last ecommerce company, SpiritShop.com, in 2015, Todd shifted his focus to educating founders on the M&A process and guiding them through the most important transaction of their lives. As CEO and Managing Partner of Exitwise, Todd advises founders in SaaS, eCommerce, SportsTech, FinTech, and more by helping them strengthen financial integrity, unlock value, build strategic partnerships, position for premium exit values, and assemble world-class M&A advisory teams.

A Yale graduate with an MBA from the University of Michigan Ross School of Business, Todd brings a founder-first mindset to every conversation.

“I’ve been the founder sitting across the table, selling the company I built. My mission is to remove the uncertainty founders feel and ensure they walk away with a life-changing exit, professionally, personally, and financially.”

Schedule a call with an Exitwise advisor to learn more about engaging Todd to help - Maximize Your Exit™.

Previous Exits

Crowdzone Acquired by CBS Local

Valuation: 7 Figures

Todd Sullivan co-founded Crowdzone, a social networking platform that created a dedicated community and fan engagement solution primarily for sports venues. The company was acquired by CBS Local. This transaction was driven by CBS's need to integrate modern real time social features and a dedicated fan-base platform directly into its mobile and media offerings, demonstrating Todd's ability to build software that is highly strategic to large media conglomerates.

Betterfly Acquired by Microsoft (via TakeLessons)

Valuation: 7 Figures

Todd Sullivan was co-founder of Betterfly, a digital education, consumer focused platform. Betterfly was eventual acquired by Microsoft after a merger woth TakeLessons. This exit cemented Todd's expertise in building a successful, scalable consumer product that could be integrated into the consumer or commerce division of a major technology company, highlighting high value in platform integration and consumer adoption.

SpiritShop Acquired by MyLocker

Valuation: 7 Figures

SpiritShop was an online custom apparel and gear company that served over 100,000 schools.

SHOCKZ Acquired by Amer Sports

Valuation: 6 Figures

Early in his career, Todd co-founded SHOCKZ, an inline skate suspension system based on technology he invented as a professional roller hockey player. After licensing the technology, the company was ultimately sold to the Amer Group (parent company of Oxygen, Atomic and Wilson).

Media & Education

The Story of Exitwise

M&A Super Powers: Cashing Out

Controlling Your Exit

How Exited Works

Hire an Exited Founder to serve as an advisor on your M&A team to enhance market credibility, open doors to more buyers, and create an industry insider’s advantage when selling your business.

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Services & Fees

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Hire This Exited Founder & Get the Ultimate Seller Advantage

Hire an Exited Founder to serve as an advisor on your M&A team to enhance market credibility, open doors to more buyers, and create an industry insider’s advantage when selling your business.

28%

Increase in Sales Price

20%

Increase in Number of Offers

33%

Increase Transaction
Success Rate

15%

Accelerated Time to Exit

Exited Founder Benefits

This Exited Founder offers personal M&A experience and deep professional networks in their respective industries to help you Maximize Your Exit.™

Qualify Top
M&A Experts

Introduce Personal
Buyer Network

Maximize
Earn-out Structure

Oversee
Company Valuation

Refine
Marketing Materials

Refine Rolled
Equity Terms

Mentor
Executive Team

Maximize Purchase
Agreement Terms

Reduce
Time to Exit

Optimize
Inbound Offers

Join
Advisory Board

And
More!

How to Engage This Exited Founder

Every Exited Founder’s goal is to make sure you create the exit you deserve. Engaging is easy!

Schedule a
Free Call

Once you’ve identified an Exited Founder who might be a great fit to help you achieve your goals, schedule a call with an Exitwise Advisor! We'll answer any questions you have, discuss goals for your exit, and talk about the Exited Founder you’ve selected so we can verify if he or she is the best fit.

Exited Founder Interview

The Exit Founder Interview is a no-pressure, high-value conversation between you and the Exited Founder to explore how helpful he or she can be for you. It’s an opportunity to ensure there’s chemistry, clarity, and alignment and to start imagining what’s possible with the right partner by your side.

Hire Your
Exited Founder

You'll receive a simple onboarding form and fee agreement so you and your Exited Founder can hit the ground running. ExitWise will stay involved as a strategic resource to guide your Exited Founder partnership and help you assemble the rest of your M&A team. Our goal is simple: to help you create the exit you deserve.

What is an Exited Founder?

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Why should I hire an Exited Founder to sell my business?

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What services do Exited Founders provide during the sale process?

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How does an Exited Founder help with the valuation of my company?

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What should I consider when choosing an Exited Founder?

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How long does it take to sell a business with an Exited Founder?

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