Selling a Family Business
Good decisions about a family business are based on a professional, independent review of strategic options.
Families, either directly or through their trusted advisors, typically contact Bailey Southwell when succession planning or a change in family circumstances call for an independent, fact-based, professional evaluation of the strategic alternatives available for the family business. Depending on the needs of the family a partial sale, a complete sale, or a recapitalization are among the options that can be considered.
Once strategic options have been developed, they are presented to the family and their advisors and discussed. Should the family decide to proceed with one of them, Bailey Southwell works with the family to build a team, develop the appropriate marketing documents, and manage the transaction process.
Bailey Southwell recognizes that a family business is the result of many years, and often decades of hard work. We work with families and their trusted advisors to ensure that the interests of all stakeholders are respected. When a sale is consummated the family should be able to see that they received a good price, that the fruit of their labor is properly protected and passed down to the next generation, and they have the professional relationships in place to manage their affairs going forward. Bailey Southwell’s goal is to make sure that these goals are not just hoped for, but achieved.
To discuss how Bailey Southwell can help your family owned business independently and professionally evaluate its strategic options, please call us:
Nashville: Jeff Bailey, 615-371-6154
St. Louis: Andrew Southwell, 314-854-9190