Aegis Acquisition's Steven Deis Discusses Pre-Divestiture Advisory Program
BAKERSFIELD, CA - This May, I had the chance to interview Steven Deis, Director of ESOP Advisory for Aegis Acquisitions, and we discussed Employee Stock Ownership Plans (ESOP). I recently connected with Steven once again, who informed me that as companies work to regain a sense of normalcy post-pandemic, his team initiated a process of Pre-Divestiture Advisory (PDA) in order to provide counsel and perspective on the many "value drivers" that help maximize the equity value of a business.
“For the business owner and shareholders of privately held agricultural and food companies, understanding the impact the pandemic has had on the economic value of their respective businesses is critical when formulating a plan to fully emerge as a strong and sustainable enterprise,” Steven told me.
As the pandemic has slowly begun to abate across much of the country, an ever-increasing number of business owners and shareholders have reached out to Aegis Acquisitions requesting its perspective on the current marketplace and the position of their respective businesses from both a competitive and valuation standpoint. Prior to the pandemic, as Steven explained, many were considering a business succession plan for the ultimate exit, transition, or perpetuation of their company.
The primary goal of Aegis Acquisition’s PDA process is to help guide business owners to their end goal through financial succession planning. With so many uncertainties still impacting our lives, support such as this can help companies regain a sense of control in the market and begin building the growth they began pre-pandemic.
“Whether their ultimate goal is to sell the business to an outside third party, transition the business equity to key management or family, recapitalize the company with an eye on future growth, or utilize an ESOP as a means to realize their equity value while providing substantial retirement benefits to their loyal employees, having a strong understanding of these operational and financial metrics is critical when crafting and ultimately implementing a successful business exit/succession plan,” said Steven.
Could the PDA process support your own company in crafting its long-term vision? Get in touch with Aegis Acquisitions to see what your next steps could be, and keep reading ANUK for more information on financial planning in the produce business.
