Business Succession Planning

Many of our clients are closely-held or family businesses, their founders, and their owners and senior management. At some point, every privately owned business will face a leadership transition. Whether your goal is to transfer the business to the next generation, sell to management, or sell to an outside buyer, proper planning is needed to ensure a smooth transition and to maximize value.

Our attorneys have significant experience from years of practice at major Chicago law firms, including deals valued over $1 billion and representation of public companies. We bring that experience and breadth of knowledge to each matter we handle. We can help you structure your business succession plan that is as complex or straightforward as you would like, to meet your specific needs.

Please contact us to discuss areas where we can assist you, including:

• Business Broker Negotiations
• Due Diligence
• Banking Issues
• Business Acquisitions and Sales
• Subsidiary Formation – Corporations, LLCs, S Corporation Election
• Business Operational Issues
• Confidentiality and Nondisclosure Agreements
• Contract Drafting and Negotiation
• Employment Matters
• Loan Documentation
• Non-Compete Agreements
• Real Estate Purchases and Sales
• Securities Matters and Financing
• Shareholder Agreements