If HBO’s series “Succession” taught us anything, it’s that passing ownership of a business to family members or colleagues can deliver high drama. Goals and expectations have to be aligned, and the parties need to be transparent about what they hope to get from the deal.
“To hear that there are people around the table who are in the second, third, or fourth generation of family-owned businesses is truly amazing,” says Jack Maier, senior managing director and head of investment banking…
