Who would be a suitable successor or buyer for my company?
Experience shows that nowadays, the majority of companies are not passed on to family members, but are sold to external successors. For this type of succession process, there are a number of options:
- Sale to employees (management buy-out)
- Sale to another company
- Sale to an external management team (management buy-in)
- Sale to an investor
- Stock exchange flotation (IPO)
Company owners should carefully examine each of the different options.