EPI Cincinnati Chapter | NOV 2022

Lessons learned from David Tramontana, hear about the Home Care by Black Stone sale to a strategic buyer. Home Care by Black Stone acquired for $40 million by Almost Family Inc. – Cincinnati Business Courier (bizjournals.com). Topics will include:

• When is the right time to exit? Considerations:
  • The economy and within your industry
  • Is your business prepared for a process?
  • Are you prepared emotionally, financially, etc..?
  • What are your options and alternatives to a sale?
• Do you have the right advisor team around you?
  • Business Broker or Investment Banker, how do you choose?
  • Attorney: Corporate attorney or specialist?
  • Financial Planner/Wealth Manager, will your after-tax proceeds meet your goal?

Talking through establishing the team, picking advisors, prepping the company, knowing when the time is right (or not right), etc., can serve for a good 30-minute discussion.