There are many different paths that a middle market, family-owned business can choose when it is time for a leadership transition. The next generation of family members, external managers, and even employees can be tapped for a successful succession plan.
But often the option of working with a private equity investor is overlooked as a viable alternative.
Recognizing that there are challenges to working with a PE firm, family leaders often avoid this route – but nonetheless, private credit can be just the right choice under just the right circumstances.
As more and more baby boomers prepare to retire, the challenge of identifying the best succession plan is becoming critical. To address this issue head on, the New Jersey chapter of the Association for Corporate Growth has assembled a unique panel comprised of advisors from private equity firms as well as Alan Sobel, the Managing Partner at SobelCo, to draw on their years of real world experiences to present realistic suggestions and insights for families facing, or about to face, similar circumstances. Along with the other guest speakers, Alan has spent his career as a certified public accountant specifically working with mid-size family business leaders, offering practical, constructive suggestions that clients rely on to ensure that their company – and their family – will succeed over the generations.
If this is a topic that is essential for you, please check out the ACG NJ events page and register today. It is one event no one should miss!
Date: October 23, 2019
Time: 6:00-9:00 pm
Location: The Madison Hotel, Morristown, NJ
