Business Growth

A PE-Backed Competitor Poached Your Best Technician: The First 72 Hours

Your best technician just told you a private-equity-backed platform offered him a signing bonus and a raise you cannot match. Your first instinct is to find the money and match it. Do not. Matching cash on cash is exactly the game the platform wants, because a bidder priced on an exit multiple can always outbid a bidder priced on this year's margin. If you match, you either lose anyway on the next bump, or you win by repricing your entire crew to hold one person, which hands the platform its next target: everyone who just learned that threatening to leave gets a raise. The next 72 hours are not about keeping this one tech at any cost. They are about protecting the two things worth more than him: the rest of your crew, and the customer accounts he is standing on. Here is the sequence.

Joshua Agonya Pi'Rwot

By Joshua Agonya Pi'Rwot

Founder, Business Growth Accelerator

Executive summary

A private-equity platform just offered your best tech a signing bonus you cannot match. Matching the money is the wrong move, and it is the move they expect. Here is a same-day response that protects the rest of your crew and that tech's accounts.

Section 1

Hour 0 to 24: control the information and the accounts

The damage from a poach is rarely the one departure. It is the contagion and the account loss that follow. Move on both today. • Do not counter with money in the first conversation. Say you value him, you want to understand the offer, and you will talk properly tomorrow. This buys a day and stops you from panic-matching a number you will regret. A rushed counteroffer signals that your pay was never fair, which tells every other tech to go get an offer too. • Secure the customer relationships he touches. Quietly make sure the accounts and service agreements he manages are documented, that a second face has been introduced where possible, and that no customer relationship lives only in his phone. The platform is not just buying a technician. It is buying the customers who ask for him by name. • Talk to your other key people first, before rumor does. The crew will hear about the offer within a day. Get to your other two or three people you cannot lose and reassure them directly, before the story becomes "the platform is picking us off and the owner is scrambling."

Section 2

Hour 24 to 48: make the real counter, which is not the bonus

Now you respond to the technician. The counter is not a matching check. It is a version of the thing capital cannot easily wire: a career he can see, that costs him money to walk away from. • Counter with a stream, not a lump. A signing bonus is a one-time payment for showing up. Counter with something that grows the longer he stays: a defined raise tied to a visible skill rung, a retention amount that vests over the next few years, a share of the profit on the work he leads. He should be weighing a check that clears once against a stream that keeps getting bigger. • Name the path. The platform's pitch is "join something bigger." Your counter is "here is the next rung, here is what it pays, here is what unlocks it, and here is the ownership or lead role waiting at the top." A staircase he can see the top of competes with a step sideways off it. • Be honest about what you will and will not do. If your base pay is genuinely below the market median, close that gap and say so, because no vesting stream retains a tech who is underpaid today. If your pay is fair and the platform is simply buying headcount with a fund's capital, say that too. A tech can tell the difference between an employer investing in his decade and a bidder filling a seat.

Section 3

Hour 48 to 72: decide, and either way protect the base

Some techs will stay for the path. Some have already decided, or need the cash this month more than a career in three years, and no counter reaches them. Either way, your job by hour 72 is the same: the base is protected. If he stays, put the counter in writing so it is real, and use the episode to publish pay bands and a retention ladder for the whole crew, so the next recruiter's call meets a system instead of a negotiation. If he goes, let him go cleanly, keep the relationship warm, hold the accounts you documented on day one, and make sure the rest of the crew sees an owner who responded with a plan rather than a panic. A clean exit that keeps the customers and steadies the crew is a better outcome than an expensive save that teaches everyone to threaten leaving.

Section 4

The fitness test

You are ready to handle a poach well if, on the day it happens, you can avoid matching cash in the first conversation, document and secure the accounts the tech touches within 24 hours, and come back inside two days with a counter built on a rising stream and a named career path rather than a lump sum. Under those conditions a single poach costs you at most one person, and often not even that, while your crew and your customers stay put. You are exposed, and this episode will not be the last, if your only available response is to match the bonus, because that means your pay is an unpublished negotiation and your customer relationships live in one technician's phone. The fix is not a bigger checkbook. It is a retention ladder and account documentation built before the next call comes, so the platform's capital meets a switching cost it cannot easily buy out. Handle these 72 hours with a plan, then spend the next 90 days making sure the plan exists in writing for everyone else.

FAQ

Direct answers for operators.

Should I match the offer as soon as my tech tells me?

No. Matching cash on cash is exactly the game the platform wants, because a bidder priced on an exit multiple can always outbid one priced on this year's margin. Match and you either lose on the next bump or win by repricing your whole crew to hold one person, which teaches everyone that threatening to leave gets a raise. In the first conversation, say you value him and will talk properly tomorrow. That buys a day and stops a panic-match.

What should I do in the first 24 hours?

Control the information and the accounts. Do not counter with money yet. Quietly document and secure the customer relationships and service agreements the tech manages, introduce a second face where possible, and make sure no relationship lives only in his phone, because the platform is buying the customers who ask for him by name. Then get to your other two or three key people directly, before rumor turns the story into "the owner is scrambling."

What is the real counter, if not the bonus?

A version of the thing capital cannot easily wire: a career he can see that costs him money to walk away from. Counter with a stream, not a lump, a defined raise tied to a visible skill rung, a retention amount that vests, a share of profit on work he leads. Name the path and what unlocks each rung. If your base pay is genuinely below the market median, close that gap and say so, because no vesting stream retains a tech who is underpaid today.

What if he leaves anyway?

Some techs have already decided or need the cash this month more than a career in three years, and no counter reaches them. Let him go cleanly, keep the relationship warm, hold the accounts you documented on day one, and make sure the crew sees an owner who responded with a plan rather than a panic. A clean exit that keeps the customers and steadies the crew beats an expensive save that teaches everyone to threaten leaving.

Joshua Agonya Pi'Rwot

Written by

Joshua Agonya Pi'Rwot

Founder, Business Growth Accelerator · Country Director, AVODA Group Uganda · EMBA

Joshua helps service-business operators turn scattered marketing into a clear path from first attention to booked call. He is Founder of Business Growth Accelerator and Country Director of AVODA Group Uganda.