SCENARIO

The principal of a third generation business wishes to buy out the non-active family shareholders of the company. This is a sensitive issue where family, business and client relationship issues can be tested.

SOLUTION

With our assistance, an independent valuation of the business will be prepared and a family meeting convened to have an "open" discussion regarding the price and terms. The meeting will be convened and valuation prepared by a person who is seen to be clearly independent of all parties and therefore capable of advising impartially.

Our role will focus on:

• Understanding the business and ownership structure
• Assessing the past performance of the Group and predicting future performance
• Reviewing the balance sheet to exclude non-business assets and liabilities
• Recommending a price, process and timetable for the sale to occur