THE CHALLENGE

This successful manufacturing company with owners nearing retirement age needed a third party mediator to structure an equitable transition to the younger minority shareholders. What was the business worth? How could the controlling interest best be passed in a way that fairly addressed the diverse needs of both the current and future owners?

THE SOLUTION

When outside facilitation proved essential, John M. Leask II became a key resource and helped build consensus.

First, we needed to value the business, arriving at a price and suggesting terms that were equitable to both parties.

John M. Leask II next acted as mediator, taking into account the varied needs of the individuals involved and melding those diverse needs into consensus for a successfully negotiated transaction. Both immediate partner buyouts and additional buyouts over the course of several subsequent years were employed in facilitating the transition of ownership.

BENEFITS

ü       Continued prosperity for a successful company under a new generation of owners.

ü       Expert valuation of the business.

ü       Ongoing managerial and financial advice contributing to the firm's ongoing success.