Mid-Market Rollover Exit strategy discussed with attorney Trevor Crow potential dangers for sellers

David Barnett
Oct 21, 2020

Converting a business and selling part of it to investors.

Trevor Crow has been a recent expert guest for my Business Buyer Adventure group coaching program.

Today, Trevor and I discuss a recent deal in which some partners in an LLC convert to a corporation and then sell 70% of it to some investors as an exit plan.

This is both a tax and investment strategy being done on a lower mid-market business.

I wanted to bring you this conversation because it touches on many relevant topics:

· Rollups and Platforms

· Exits

· Minority Shareholder issues

· Employment and management agreements/ shareholder/ partnership agreements.

· Seller financing/ Skin in game with equity

· Legal costs vs benefits of complex strategies for Main St.

· Benefits of share deals vis a vis customers

Watch the video of the interview here: https://youtu.be/oe9heG7IxTo

Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com

Learn to sell your business at https://www.HowToSellMyOwnBusiness.com

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David Barnett

I write about Buying, Selling, Financing and Managing Small and Medium Sized Businesses SMEs www.DavidCBarnett.com New Stuff weekly, usually on Wednesday.