Partner Buyouts

Have you found, or do you anticipate finding yourself in any of these common partnership situations?

  • You or one of your partners is ready to retire
  • You and/or your partners no longer see eye-to-eye on how to move forward with the business
  • You and your partner are tired or working together but you aren’t sure if it makes more sense to call it quits or stay together
  • You own a minority of the business but bring in a majority of the billings, and you’re tired of pulling all of the weight

If so, you’re not alone. Whether you’re working with one other person or several other people it’s not unusual for partnerships to experience situations like those described above. And it’s completely understandable that you may feel frustrated, confused, overwhelmed or even angry.

With Viking’s comprehensive range of services, you can rest assured that you have a team of experienced professionals at your side who can help you navigate the process of selling your business interest or ownership shares to your partner(s) and ensure a successful outcome for both the business and your personal future.

Ensuring a Smooth Process.

Consulting with the experienced business advisors at Viking Mergers & Acquisitions before making a rash business decision is important. We’ll work with you to facilitate the tough conversations, removing the emotion from the situation so that you and your partners can work together to come to a mutually agreeable solution. Specifically, we’ll help you with issues like:

  • Valuation: We’ll determine a fair market value for each partner’s piece of the business and will help negotiate between partners.
  • Financing: When both of your names are on the company, we’ll help you figure out the best way to finance the transaction.
  • Employee considerations: We’ll help you identify and mitigate the impact of the partnership dissolution on management team and other remaining employees.
  • Business and tax structuring: Our team will work with your CPA to help you structure your partner buyout deal in a way to minimize tax impact.
Ensuring a Smooth Process.

Testimonials.

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I cannot thank you enough for your professionalism and phenomenal follow-up. Since a deal fell by the wayside due to covid last spring, it’s been a long journey searching and I have not before nor since had any kind of experience with a broker like I have had with Dan Wilson.
Prospective Buyer
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Keenan Moran did outstanding work throughout the process. He was always there when I needed him. He kept me posted throughout the sale process and he was always very responsive. Our daughter, the attorney, was so pleased with the job he and Viking did, she’s referred other clients of hers to Keenan. My health is the best it’s been in years. Zero stress and I’ve lost 80 pounds since we sold. We bought a place at the beach and I love spending time down there with the kids and our granddaughter. All in all, life is really good!
Builders Fireplace & Supply
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Our representative, Kevin Carlisle of Viking Mergers was very professional, helpful and great to work with throughout the process of selling our business. We first met Kevin back in March of 2018, my husband John and I were skeptical that he could find a qualified buyer that would be interested, within days he had appointments and interviews scheduled for us. Throughout the process we wanted to make sure we had the best buyer to fit our needs and those of our employees. Kevin was always enthusiastic to embrace change and very dedicated in finalizing the deal. We finally closed in August 2020, we had a few setbacks with Covid-19 delaying our close date, but I can honestly say we owe this sale to Kevin for being highly organized and dedicated. He was always there to help with paperwork and answer questions and spent many nights and weekends working on the final closing documents. Most importantly, I could tell he took our best interest to heart, and that he really cared, as he knew it meant so much to us.
Abatemaster

    Contact Us!

    Regardless of whether you’re thinking about selling or you already have a buyer lined up, get in touch with us today. We’re one of the Southeast’s most successful business brokers, and we look forward to discussing the specifics of your situation and learning more about how we can help.

      Contact Us!