Succession Planning

Switching from “family run” to “family owned” business

In our mergers and acquisiiton consulting practice we found out that that most owners are selling their companies because there is nobody who can take over their business. The key here is not to transfer your business to your kids but to create a company structure and processes which will allow your company to be managed by another person. Doing this will help your company also at a future process of M&A. No investor likes to invest in a company which is too dependent on its founders. The team of Synergy Group can help you with this process and consult you with:

 Diagnostic analysis of the company
 Creating a family constitution
 Creating and structuring an active board of directors
 Evaluation of the board
 Structuring of a family council
 Preparing procedure ad tools for choosing a new CEO
 Creating an internal audit department
 Structuring of a family office