They Got Acquired - 6 apps and 5K customers

April 23, 2024
​Read on web​

When Biro Florin and Nikola Závadská met in 2017, one thing led to another.

The two project management professionals bonded over apps they found boring.

Before long, they became partners in both life and business, co-founding a company to produce project management apps for the Jira marketplace.

They called it Jexo, releasing one app, then another, then another.

By 2022, Jexo had six apps, a team of 11 contractors and 5,000 customers.

“We wanted to leverage more resources to accelerate what we were doing,” Florin said. “And Nikki, my business and life partner, and I wanted to settle down, build a house and have a more comfortable life.”

Through their network, they found a buyer: Appfire, an enterprise collaboration software company that has grown their portfolio of Atlassian apps through acquisition.

See our full story, including what the couple is up to now:

​With a background in project management, this couple built and sold a portfolio of Jira apps​

Do this now to sell for more later 🏋️‍♀️

Don't wait until it's time to sell to learn about what it takes.

If you learn about the process now, you'll have the know-how to position your business for a bigger sale down the line.

Need help getting a grasp on the basics? Check out our short video course, How to Sell Your Business course.

In one hour, you'll learn:

• What to expect from the sale process
• Your options for finding a buyer
• What you should do now to increase your valuation
• Which professionals you might hire to help you

Here's a peek at what it looks like inside:

Let’s get you one step closer to clinking those champagne glasses. 🥂

Behind the business (of TGA)

Four myths that circulate about “lifestyle” businesses:

1. The founders are lazy
2. Digital nomads only
3. They’re all founder, no team
4. They’re destined for a small exit

But in reality:

1. The founders work hard
2. Home office is home base
3. The team is essential
4. The exit’s life-changing

How did “lifestyle business” — or building a business that makes the life you want possible — get a bad rap?

I’ll take a lifestyle business over a work-yourself-into-the-ground culture any day.

See you next time,

Lexi Grant
Founder & CEO
​They Got Acquired​