Buy/Sell Agreements

A properly structured buy/sell agreement is necessary to ensure a smooth plan for ownership transition in a design firm.  These agreements protect each owner's interest in the firm, provide a market for their ownership interest and serve to avoid conflicts between owners.  Buy/sell agreements should not only value the firm in the event of the death, retirement, disability or separation from service of an owner, but should also provide for restrictions on transferability, funding arrangements and several other key elements essential for an ongoing plan for ownership transition.

How does your firm's buy/sell agreement value the firm for purposes of ownership transition?  Perhaps the valuation methodology is based on book value and under-values the practice.  Maybe the valuation is based on a generic rule-of-thumb methodology that produces varying results from year to year.  Perhaps the agreement is silent on how the firm is valued and the expertise of a valuation professional is required.

No matter what the circumstances are that exist in your firm, Dannible/McKee and Associates, Ltd. can provide comprehensive valuation services in connection with your buy/sell agreement.  We have performed on-going buy/sell agreement valuations for design firms across the country for the past thirty (30) years.  Our expertise in the design profession also enables us to provide a detailed review and critique of your existing buy/sell agreement to properly capture the true value of your design practice.

Our business valuation experts have earned the highest level of accreditation in the industry.  Our principals are Accredited in Business Valuation (ABV) through the American Institute of Certified Public Accountants (AICPA), Certified Valuation Analysts (CVA) through the National Association of Certified Valuation Analysts (NACVA) and are also members of the American Society of Appraisers (ASA) and the Institute of Business Appraisers (IBA).