All businesses must transition ownership and leadership positions at some point, whether because of retirement, resignation, dismissal, or other unplanned or opportunistic circumstances. Within the construction industry, the prevalence of aging business owners is building a significant need for transition planning. Despite this trend and the awareness organizations have about the importance of this type of strategic planning, many construction businesses do not have a formal ownership transition plan in place.
Join us for the third session in a series of webinars exploring the fundamentals of planning and executing successful ownership transitions.
This presentation will provide a basic overview of how construction businesses are valued and will highlight the key issues that may impact the valuation of your business as well as how different exit strategies could impact the value.
We will also explore current trends in the mergers and acquisitions market, including:
- Where we are seeing comparable and transaction multiples
- Who we are seeing as buyers in the construction industry
- Challenges we are seeing in deals getting done and strategies used to mitigate them
Finally, Chris Henderson of M3 Insurance will provide an overview of executive-level benefits that can be used to attract and retain talent in the construction industry, because your management team may also be an option for the transition of your business.
Key learning objectives
After attending this webinar, you will be able to:
- Understand how your business is valued and key issues impacting value
- Evaluate current market opportunities for transitioning ownership and the types of potential buyers
- Assess various benefits strategies for executives and long-term retention strategies
- Bruce Hutler, Principal, Baker Tilly
- Mike Milani, Executive Managing Director, Baker Tilly Capital
- Tom Frazier, Vice President, Baker Tilly Capital
- Chris Henderson, Managing Director, Partner, M3 Financial
Who should attend?
- Business owners
- Chief financial officers
- Executive-level managers
- Other construction professionals involved in succession planning
Information about CPE eligibility
There are no prerequisites for this webinar, and advance preparation is not required. There is no cost to attend this webinar.
CPE credit: one (1) hour total credit
Field of study: Management Advisory Services (MAS)
CPE host: Helen Bradley
Please indicate on the registration form if you would like to receive eligible CPE credit for this webinar event. A certificate of completion will be e-mailed to you four to six weeks after the event.
For more information regarding administrative policies such as complaint and refund, please contact our offices at 608 240 2522.
Baker Tilly Virchow Krause, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.