Open the market and sell 100% of your company at the right time for the highest price.
"Take some chips off the table" and still be involved with managing and growing the business. Get paid out for some portion of the company now while allowing for upside potential creating "two bites at the apple”.
Management teams or family members do not typically have the cash an owner wants at closing. Sell to them while still capitalizing on the fruits of your labor. The key is to find the right equity partner.
Other alternatives may exist; the key is to custom tailor a strategy for you.
Regardless of the transaction alternative targeted at the beginning;