Succession planning is often an issue that organizations do not address in a systematic way. We apply our proven leadership, experience, analytic and execution skills to ensuring the successful outcome of a strategic course of action.
Succession Planning & Shareholder Matters Approach
- Work with all shareholders in setting and establishing business transition objectives and timelines
- Analyze and assess the shareholders’ goals and objectives along with the impact of each on the overall company and its management organization and other stakeholders
- Review and assess the management succession plan and key operating roles inside the company
- Review and assess the company’s historical financial statements and projected financial statements to determine underlying corporate value
- Prepare various pro-forma, forecasted scenarios in support of valuations affecting the various shareholder options including recapitalizations, shareholder buyouts, equity and/or debt leverage, buy/sell agreements or redemption agreements
- Explore various succession, transition and business changing options including buy/sell agreements, gift shares, trusts, management buyouts, sale to outsiders and other exit strategies
- Work closely with the company’s estate and tax counsel to ensure that the team considers all significant risk factors, opportunities and forecasted scenarios