Global M&A Firm Cautions Family Business Owners Considering Intergenerational Transfer

Many owners of family-run businesses will contemplate a change in ownership in 2007, according to global mergers and acquisitions firm Generational Equity, and of those, a large percentage will try to accomplish an intergenerational transfer giving ownership of the business to a younger family member. Such a transfer could be a critical and costly mistake if not considered carefully and executed wisely.