A "Business Exit" refers to the process by which an owner or investor sells their stake in a company, allowing them to realize the value of their investment. This can occur through various methods, such as selling to another company, merging with another business, or going public through an initial public offering (IPO). Exiting a business is often a strategic decision influenced by factors like market conditions, personal goals, or financial needs. It can provide liquidity for the owner and may also create opportunities for new management or investors to take the company in a different direction.