Ownership Transition

That vision has multiple components

financial

How do you realize the value developed?
What structure works best and how long is the transition going to take?

Roles and responsibilities icon - Built Valuations can help determine how your role has changed.

Roles & responsibilities

How does your role change?
How do you go about transitioning your knowledge and relationships?

Legacy

How will you be remembered?
What values and structure will you leave behind?

Failure to plan has an enormous risk

LOSS OF VALUE

Uncertainty
Talent leaves
Deterioration of performance

Sad icon - Built Valuations can help navigate the next steps when you feel trapped in the business.

TRAPPED IN BUSINESS

Forced to work beyond desired retirement or
Forced to liquidate or sell/transfer business at a reduced value

BRAND DETERIORATION

Diminished legacy and reputation

Built’s professionals will guide you through the maze of developing an effective ownership transfer plan based on the unique circumstances and profile of your business. We bring to the table nearly two decades of experience in providing guidance around the options, terms, and solutions proven effective in the construction industry.

Process Overview

Develop understanding of the prevailing circumstances surrounding the business

Review corporate structure and pertinent organizational charts
Review current ownership structure, including shareholder agreements and individual shareholder profiles (i.e., ages, roles &responsibilities, etc.)
Review financial statements and conduct analysis of the businesses’ financial performance and condition

Supplement understanding through interviews with key members of management

Discuss the businesses’ ownership plan and structure
Gain historical perspective and understanding, including insights of individual shareholders
Flush out various objectives and potential issues
Explore acceptable parameters
Discuss strategy and outlook
Develop understanding around growth expectations and possibilities
Develop understanding of depth and breadth of organization

Develop financial models designed to illustrate and test potential continuity plans

Models intended to function as a planning tool for purposes of exploring the impacts and relationships among a variety off actors
Participants
Funding mechanism(s)
Financial performance
Distributions and bonuses
Capital requirements
Repurchase obligations
Other potential cash flow impacts
Various iterations of the financial models reviewed with appropriate personnel

Deliver findings of the critical issues and timing elements associated with executing continuity plan

Built will provide guidance around options, terms, and solutions based on its transaction knowledge and construction industry expertise
Including guidance around valuation and deal structure based on the businesses’ historical financial performance, forecasted outlook, and other quantitative and qualitative analysis
Findings will be supported by financial models illustrating the potential impacts and issues associated with pursuing various scenarios

Ensure that all critical issues impacting a plan are surfaced amongst plan participants, and to drive towards plan consensus

Built accomplishes this through a combination of active listening, plan documentation, and by offering advice and counsel as to market standard terms and conditions

Encapsulate and memorialize the businesses’ continuity plan

With the help of your attorney and accountant, the plan is documented through buy-sell agreements, shareholders’ agreements, and other materials
Built’s role is to ensure that plan documents correspond to stated intentions and again to drive the planning process towards conclusion

Continuity planning helps you develop and achieve your vision

That vision has multiple components

Failure to plan has an enormous risk

Process Overview

1

2

3

4

5

6

Ready to get started?