Employee stock ownership plans are powerful transition tools for middle-market companies. Fair market liquidity, autonomy, tax benefits, and broad-based wealth building are widely understood benefits of a well-crafted ESOP sale. However, like any transaction, an ESOP isn’t the right fit for every company. The transaction process is highly structured, and plans require ongoing maintenance.
The transactions are uniquely flexible, but for some businesses, the associated complexities create broader complications. Knowing the advantages and limitations of an employee ownership sale can mean the difference between a smooth succession plan and unintended consequences. Join award-winning ESOP advisor David Blauzvern as he explains the pros, cons, and candid truths of employee ownership strategies. He’ll draw clear comparisons with other transaction options and take your questions.
Learning Objectives:
-
Understand the pros and cons of ESOP-led business transitions
-
Learn the relative flexibility and complexities of employee ownership strategy
-
Identity “good fits” for ESOP transactions
Event Details
Who Should Attend?
-
Attorneys
You have close relationships with clients, and can benefit from being the first advisor to introduce the idea of exit planning.
-
CPAs/Accountants
Owners participating in the State of Owner Readiness research continue to indicate that you are the No. 1 "Most Trusted Advisor." You are a natural fit to lead the exit planning team and deepen your relationship (and retention) of next generation owners.
-
Wealth Managers
You’re a skilled relationship person. Being entangled into your clients’ professional lives matters as you build a strategy to manage their wealth upon them harvesting it from their business. Exit planning allows you to build a deeper relationship with your client, expands your COI network, while giving you an early seat at table well before the liquidity event.
-
Financial Advisors
One of the critical ‘legs of the stool’ is personal financing planning. An owner must have a strong financial plan & contingency plan post-transition to enable them to thrive in the next act of the lives personally and financially. Exit planning brings this future mindset into the present. Exit is now.
-
Valuation Analysts
Valuation is both a billable engagement AND an opportunity to provide owners some perspective on how to accelerate value drivers (and deal with value killers). Use exit planning to make that valuation into a longer term value acceleration engagement.
-
Investment Bankers
Only 2 of every 10 businesses that come to market actually sell. Learn how exit planning can bring attractive AND ready business to your purview.
-
Estate Planners
Exit planning is a natural fit for estate planners who want to operate more holistically with their owner clients.
-
Strategic Consultants
One of the most critical roles in exit planning is building transferable value. Strategic consultants have the ability to expand options and drive rapid business value that affect performance today.
-
Insurance Professionals
Exit planning addresses the 5 D's. So do you. Approach the risk conversation differently with exit planning.
-
Mergers & Acquisition Advisors
Proper exit planning causes less deals to fall through at the last minute. Connect with CEPAs to build your healthy deal flow network.
-
Commercial Lenders
One of the best relationships a business owner makes is with their banker. How can you help your corporate clients think about the future and ensure financial continuity? Answer: exit planning.
-
Family Business Advisors
More than 50% of lower middle market business owners would prefer to transition to the next generation. Help them succeed with exit planning strategies.
-
Other Professional Advisors
Regardless of your unique specialty, there is seat at the exit planning table for you. Learn more at www.EarnCEPA.com.
-
Private Business Owners
-
Members of Family Business Boards
-
Professional Advisors
-
Business Consultants
-
Other Business Professionals
-
Business Owners
-
Business Owners & Their Trusted Advisors
EXIT PLANNING IS GOOD BUSINESS STRATEGY
The Exit Planning Institute, provides Financial Advisors, Accountants, Consultants, and other advisors of business owners with the critical education to differentiate themselves and add value to their existing client relationships through a credential, conference, courses, and content. Download the CEPA brochure for more information.
ABOUT THE PRESENTER
An award-winning ESOP expert with CSG Partners, David Blauzvern offers middle-market clients a full range of investment banking, valuation, and employee stock ownership plan advisory services. Since joining CSG in 2016, he's helped structure, finance, and negotiate leveraged ESOP transactions for construction, professional service, and GovCon firms, among others. Previously, an analyst at JPMorgan Chase & Co., David worked in the corporate sector group, where he focused on cross-organizational expense and operating efficiency analysis. He also started several entrepreneurial ventures as an undergrad at UW–Madison’s School of Business. An active community volunteer, David is the recipient of a Carnegie Medal from the Carnegie Hero Fund Commission. He's also been recognized by the Life Saving Benevolent Association. Based in Boston, David leads CSG's ESOP advisory efforts across New England.