Devising a business exit is a major undertaking for business owners and their professional advisors. The most successful exits are planned well in advance of their execution. This seminar will review the strategic and tactical aspects of a successful exit.
- Planning the exit to maximize value
- Various exit strategies including sale, ESOPs, etc.
- Business valuation
- Advisors' roles
- Buyers' perspectives
8:30 a.m. - 9:10 a.m.
I. Strategic Options To Business Exits
A Discussion Of The Array Of Options Available To The Shareholders Or
Business Owner. Topics Will Include: IPO, Harvest, Buy Sell Agreements,
ESOP, Auction And Private Equity Investments.
9:10 a.m - 10:50 a.m.
II. Preparation, Planning And Process
A. The Events And Issues In The Sale Of Your Company. What Happens? What Should Happen?
B. A Discussion Of Legal And Tax Perspectives
10:50 a.m. - 11:00 a.m.
11:00 a.m. - 12:00 p.m.
III. Valuation In A Business Exit
A. What Is Your Business Worth?
12:00 p.m. - 1:00 p.m.
Lunch (On Your Own)
1:00 p.m. - 2:00 p.m.
IV. Financial Institutions – Sales Or Mergers Of Banks And Thrifts
A. What Is Unique About Selling Banks Or Thrifts
B. What Makes A Bank Salable
C. The Importance Of The Economy And Its Effects On Price
D. Which Banks Will Sell Easily And Which Will Not
2:00 p.m. - 3:00 p.m.
A. What Is An ESOP?
B. Benefits Of Using An ESOP
C. Types Of ESOP Transactions
D. Legal And Administrative Aspects
E. Tax Aspects
3:00 p.m. - 3:10 p.m.
3:10 p.m. - 4:15 p.m.
VI. Sale To Private Equity Concern
A. Discussion Of What It Takes To Sell A PEG Or LBO Fund From An Insider's Perspective
B. Investment Criteria And Proclivities Of A Private Equity Fund
4:15 p.m. - 4:30 p.m.
VII. Questions And Answers