More and more management teams are joining with Luminar International Partners to buy the businesses that they already work in and know so well. In buying the business from the retiring owner, the existing management team can enjoy benefits such as continuity of employment, involvement in strategic decision-making and of course wealth creation.
Luminar International is a private investment firm focused on buying businesses from genuine retiring business owners. Working closely with the incumbent management team, Luminar International will initiate a management involved buyout (MIBO™). The buyout team will comprise those key managers who are willing to participate plus one of the Partners from Luminar International. This style of transaction appeals to vendors who in the main are very enthusiastic about seeing the existing managers continue on and enter a new phase of ownership for the business.
From time to time the existing management team may need new skills or experience to continue running the business without the retiring vendor. Luminar International will be instrumental in evaluating the future requirements and bringing these to the business post-acquisition.
Luminar International has a unique way of buying businesses which relies on the existing management team to continue running the business post-acquisition. It is important to remain faithful to the people and culture that helped the business become successful in the first place.
If you would like to investigate whether Luminar International may wish to buy your business, then contact us.
Luminar International
http://www.luminarinternational.com/
info@luminarinternational.com
Luminar International
http://www.luminarinternational.com/
info@luminarinternational.com
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