Karl wrote Selling Your Canadian Business: A Step-by-Step Guide to Maximizing Value and Securing Your Legacy because he saw too many business owners making preventable mistakes that cost them millions of dollars and years of regret.
With 800,000 Canadian boomers set to retire by 2029, many without a successor, what a management buyout is and the key considerations that decide whether one succeeds.
A sample $15 million MBO financing structure, senior debt, seller debt, mezzanine and management equity, and why the capital stack decides whether the buyout works.
With three years remaining, proposing a “reset” to extend the term to five years while preserving all current provisions can seem like a no-brainer for deal continuity: it locks in occupancy for the buyer and steady income for your HoldCo.
How an unsolicited approach from a rival or key manager can be turned into a competitive auction, and why stakeholders who fear losing it bid the price up.
The 61 questions Canadian owners most commonly ask about selling, grouped into valuation, pricing, process, tax and legal themes that map the entire journey.