MPI is Experienced in Succession Planning
Left unaddressed, ownership groups that lack a clear and active strategy of succession planning may find themselves reacting to transition issues with suboptimal solutions. Over the many decades of MPI’s experience, we have witnessed unfortunate outcomes of poorly designed succession planning activities, including the overuse of corporate borrowing capacity to fund estate share buyouts, disputes among partners deriving from vaguely drafted shareholder agreements and the forced pursuit of a full liquidity event at inopportune times.
Regardless of the preferred succession plan, a credibly prepared and carefully considered business valuation is a critical first step. Shareholders in family-owned businesses who wish to pass shares to the next generation of ownership must navigate the complexities of gift and estate planning. Companies seeking to broaden employee engagement through the implementation of an ESOP or other equity-based incentive plan must first receive guidance on feasibility. Furthermore, shareholder groups considering the sale of all or a majority of their stake must understand the timing and breadth of options available to them.
Long trusted by our clients and their closest advisors, MPI’s professionals have the depth of experience to navigate the complexities of trust and estate planning transactions, equity-based incentive structures, ESOPs and other corporate finance solutions.
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