Internal Transition Programs

What is the best course of action for your firm? Should you merge on a tax-free basis with a public- or privately-owned firm or diversify and grow through acquisition? Should you sell stock to key employees, adopt an employee stock ownership plan, or just sell outright for cash?

If you are at a corporate "impasse" and need to chart a course of action, we can help. Based on our comprehensive understanding of the A/E industry, we will study your firm and compare it to the industry and its outlook. We obtain the basic facts on the financial and tax situations of the major stockholders and, through extensive personal discussions, secure an understanding of their points of view and personal objectives.

Our staff of specialists analyze the advantages and disadvantages of the alternatives, reach agreement on the best course of action, and present definite recommendations.

In today's increasingly adverse tax arena, Dannible/McKee's experience with closely-held A/E firms can be a valuable addition to existing resources and counsel. All available techniques are considered in order to achieve ownership transfer to succeeding generations at a minimal tax cost with valuation support that will withstand the strongest scrutiny.

Such strategies include:

  • Corporate and Partnership Recapitalizations
  • Use of ESOPs
  • Buy/Sell Agreements
  • Funding of Buyouts
  • Stock Redemptions
  • Non-Statutory Deferred Compensation Plans

Our ownership transition services include a detailed analysis of your Firm, “meshing” the goals of the existing owners with that of the firm’s key employees, and the development of a long-range ownership transition plan that considers the impact on the firm’s cash flow, as well as that of the existing owners and new owners.