Succession Planning

Succession is a key issue for any business, and LWBJ provides a wide range of experience and advice to smooth the process and optimize value for our clients and their successors. We have long and successful experience in planning and facilitating generational transfers, mergers, dispositions and employee-management buyouts.

Our broad service offering includes operational and financial advice, tax consulting, structuring and valuation. As a result, we are uniquely positioned to develop personalized, efficient strategies for handling every phase of the succession process.

Estate planning is often a key component of the succession strategy, and in this regard, we successfully serve the sophisticated needs of wealthy families and individuals, as well as their businesses.



Services

  • Overview of Ownership, Business & Estate
  • Development of long-term succession/transition plan
  • Operational & business improvement process to enhance succession
  • Tax review and design of structure and terms
  • Identification of transitions parties:
    • Family
    • Management
    • ESOP
    • External parties
    • Establishment of timeline and milestone goals
  • Valuation services
  • Merger and acquisition or exit options for owner
  • Compensation and benefit strategies for retaining key employees

Select Engagements

CALERIS
Inbound customer care outsourcer of support services including technical support, customer care and IT corporate help desk
LWBJ acted as the exclusive advisor – readying the company for sale, identifying the acquirer, negotiating, structuring and closing the sale of the company’s assets to Iowa Network Services (INS).

EAGLE IRON WORKS
Manufacturer of heavy?duty aggregate processing equipment
LWBJ acted as the exclusive advisor – readying the company for sale, identifying the acquirer, negotiating, structuring and closing the sale of the company’s assets to McLanahan Corporation.

TRIPLE F, INC.
Iowa-based soy products company
We conducted the sale of Triple F’s three business units: PharmTech, Soy Innovations, and Insta-Pro.

BEATON, INC.
Owner-operator of Burger King franchises
LWBJ performed an appraisal and determined the fair market value of a minority ownership interest for the purposes of determining gift tax and estate planning.

VANTEC, INC.
Innovative plastic injection molding company
LWBJ assisted the family-owned business on valuation for internal stock transactions.

PIGOTT, INC.
Family-owned business
LWBJ facilitated succession of ownership to the next generation.