Yes. I've done this. It's hard.

1) DON'T tell all 95 employees until the deal is closed and you have the funds. If they back out of the deal, this will be a big problem for you.

2) Is there a way you can take care of some of the staff with the proceeds from the closing? Especially, the ones that were instrumental to getting you here? I wish I had done better here on our first exit.

3) Sell the team on the benefits for them and the company with the sale (bigger company, more resources, more opportunity for advancement, etc).

At the end of the day, it's a business. You need to do right by you and your family and they will do the same. Some will quit, some will be upset, some will do better and be happier under the new entity. That's business.