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How Sixthogo evaluated 5+ exit scenarios to ensure a fully independent outcome

Wind turbines on snow-capped mountains representing Sixthogo's renewable energy operations
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Industry

Energy

Company size

10+ employees

Location

Chicago, IL

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About the company

Sixthogo operates in the technology and digital solutions space, and is part of the Seeder ecosystem. Built within a venture builder environment, the company benefits from strong strategic support and an active shareholder base.

At the same time, this structure introduces additional layers of complexity when it comes to major decisions—particularly in the context of a potential transaction. As Sixthogo began exploring its options, maintaining independence in decision-making became a central priority.

The challenge

In most transaction processes, independence is assumed—but rarely guaranteed.

Founders often enter a process expecting to evaluate options objectively. In reality, subtle pressures can emerge:

  • advisors steering toward specific buyers

  • limited deal structures being presented

  • incentives that prioritize closing over fit

This challenge was amplified by the broader stakeholder environment. With multiple perspectives involved, there was a risk that decisions could gradually shift away from what was strategically right for the business. The objective was not just to complete a transaction—but to do so without compromising independence.

Our role

Alten acted as a fully independent advisor, with no bias toward any specific buyer or transaction structure. The role was to create clarity—not direction—and to ensure that Sixthogo retained full control over every key decision.

This involved structuring and presenting multiple strategic paths, mapping trade-offs transparently, and facilitating discussions across stakeholders without steering toward a predetermined outcome. Alten worked closely with the leadership team as a sparring partner, challenging assumptions and ensuring that all options were evaluated on their own merits.

Throughout the process, the focus remained consistent: protecting the integrity of the decision-making process while supporting Sixthogo in navigating complexity with confidence.

Strategic discussion between Sixthogo and Alten teams during the mandate

The process

Rather than moving directly toward a single transaction path, Sixthogo approached the process by exploring a wide range of possibilities. More than five distinct buyer and deal scenarios were evaluated, each with different implications in terms of control, valuation, and long-term strategy.

This created space for informed decision-making.

Instead of narrowing options too early, the process remained open and exploratory. Trade-offs were clearly outlined, allowing the leadership team to understand not just what each option offered, but also what it required. Discussions were structured, transparent, and free from external pressure.

The result

Sixthogo did not just complete a transaction—they made a decision they fully understood, controlled, and stood behind. Independence in advisory is not just about avoiding bias—it is about enabling better decisions.

By creating space for exploration and removing pressure from the process, Sixthogo was able to move forward with clarity, confidence, and full ownership of the outcome.

“What set Alten apart was that they were completely independent. They had no interest in pushing us toward a particular buyer or structure.”

Oliver Vance - Co-Founder & CEO, Sixthogo

Oliver Vance

Co-Founder & CEO

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