Most business owners spend their careers focused on one goal: building a thriving company. But as retirement approaches or life circumstances change, they face a new challenge: how to transition out successfully while addressing their financial security. By enlisting the help of RBC’s Investment Banking Solutions Group, I can help you address that challenge.
Successful Exits Start Long Before the Sale
Successful exits rarely start with the sale process; they start years in advance. That’s what I tell every business owner I work with. The most successful transitions happen when planning begins well before a buyer appears. I work closely with business owners to build enterprise value and work with their tax and legal professionals to plan for the tax, estate, and family implications of a potential liquidity event. By regularly evaluating your financial plan together, we can help develop a clear picture of what your business is worth, so that when an attractive strategic offer surfaces, you’re able to evaluate it with confidence, not uncertainty.
Complex Businesses Can Require Sophisticated Exit Solutions
To that end, I engage with the RBC’s Investment Banking Solutions Group, a specialized team that connects RBC Wealth Management and RBC Capital Markets (RBCCM), to vet opportunities and bring the right expertise to the table. From there, RBCCM’s investment banking division can lead the engagement, offering robust capabilities in mergers and acquisitions and financing, along with deep sector expertise. Together, we work to understand all the relevant factors before structuring a transaction designed to pursue the best possible outcome for your company’s value while meeting your personal and financial objectives.
The Path Forward
Approximately 10,000 baby boomers turn 65 every day, with many seeking to exit businesses that represent their primary source of wealth[1]. At the same time, there is significant capital actively looking to invest in privately held businesses, and real opportunity for owners like you to unlock the full value of what you’ve built. If you’re thinking about a sale or simply starting to plan your next chapter, the best time to begin that conversation is now. I’d welcome the opportunity to walk through your options and help you build a plan that works for your business, your family, and your future.