Creating shareholder liquidity: A checklist before going public
There is now a real investor desire, and even a need, for strong companies to be in the public markets. According to a May 2017 Ernst & Young report, the number of domestically incorporated U.S. listed companies dropped by more than 45% between 1996 and 2016. The amount of cash...Read more
Family offices: 'Quiet capital'
Private equity and strategic buyers aren’t the only suitors pursuing family businesses today.
Family offices, those low-key organizations formed to manage the wealth of ultra-high-net-worth families, are discreetly wooing business families who might be interested in selling a stake.
Selling to private equity
When Charles Scheidt learned in early 2012 that his sons were not interested in taking over the family’s specialty foods company, he knew he had to make some hard decisions for the good of his business, employees and family.
“I decided the worst all around would be to go out,...Read more
Private equity pros and cons
The ABCs of PE
Private equity investors know good opportunities when they see them. And right now, their eyes are trained on family enterprises.
For starters, these savvy investors know that profitable family businesses abound. Numerous studies of family-controlled public companies have found they outperform their non-family peers. What’s more, private equity firms are...Read more
A buyout without bitterness
What began as a more or less regular gathering of the four Flanagan brothers for high-level discussions about ownership of their business took a new turn in the fall of 2012. Two of the siblings, Murray and Rick, said they wanted to look into selling their shares in Flanagan Foodservice....Read more