May 6, 2015

CMM Managing Director, Ramsey Goodrich, was the keynote speaker at the Estate Planning Counsel Annual Meeting and Dinner at Innis Arden Club in Greenwich, CT. He delivered a presentation entitled “Options for Monetizing Privately Held Companies and Strategies to Maximize Value” to an audience of more than 75 estate planners, trust officers, wealth managers and others advisory professionals involved with exit and estate planning.

Beyond liquid assets and real estate, a significant portion of a family’s wealth may reside within a family or closely held company. Many of these businesses involve multiple generations of owners, whether or not they are involved in the day-to-day operations of the business, which can create a number of unique challenges for operating, managing and planning for the family business. Mr. Goodrich discussed how families can maximize the value of their business for the benefit of future generations and explore options to monetize some or all of the value in the company.

In a lively conversation, a variety of topics were covered, including:

  • What are some of the ways to create liquidity for family members without selling the business?
  • What are the major components that go into planning for future sales transactions? When should the family start planning for a future sales event?
  • Is there a difference between a “market” value and an “estate” value, especially when planning for a transaction? What are the most important factors that go into valuation?
  • When should the owners consider a strategic sale versus a private equity investment? What are the advantages and disadvantages of each?
  • How long does the transaction process take and what is involved?
 

Featured Transactions

1 2 3 4

Press Releases

CMM Wins M&A Advisor International Deal of the Year 2017

June 2017

CMM Wins Corporate/Strategic Deal of the Year ($50 million to $100 million) at the 9th Annual International M&A Awards for representing Communication Networks, LLC ("ComNet") which was acquired by Access Control Related Enterprises, LLC ("ACRE"), a portfolio company of the private equity firm LLR Partners. ComNet offers a broad line of fiber optic, copper and wireless video and data transmission equipment that is designed to meet the needs of security and surveillance in the intelligent transportation systems, utility and industrial markets.

Read more ...

etouches acquired by HGGC

May 2017

Carter Morse & Mathias ("CMM") is pleased to announce that etouches, Inc. ("etouches"), headquartered in Norwalk, Connecticut, was acquired by the private equity firm HGGC, headquartered in Palo Alto, California. Carter Morse & Mathias, based in Southport, CT served as etouches's financial advisor for the transaction, which closed on May 9, 2017.

Read more ...

CMM Announces New Advisory Service for Business Owners

May 2017

Carter Morse & Mathias (CMM) is pleased to announce its new Maximizing Shareholder Value advisory service, offering business owners actionable recommendations and ongoing guidance to increase the value of their business. "For 30 years, CMM has played an important role by helping hundreds of business owners maximize value, but only at the time of a sale. Now, we are delivering this same expertise to companies that are not yet for sale", says Andrew Bangser, Managing Director of CMM. "A plan to build value is best started years ahead of a transaction - when there is still time to effect change."

Read more ...