Succession
Planning, MBO's and Shotgun Transactions
Granite
Partners is not all things to all people. We are not a venture capital
firm nor a financial advisor. We are principal investors who specialize
in three types of transactions.
Succession
Planning Transactions
Granite
Partners has a successful record of helping entrepreneurs and owner-managers
unlock the value that they have built up in their businesses over the
years. Granite's transaction structures are creative and unique in the
industry. They afford business owners with an opportunity to sell their
business yet still own a meaningful minority interest in their companies.
This allows business owners to liquefy a substantial portion of the
business's inherent value and "take their chips off the table." Moreover,
since Granite is not an operator, the entrepreneur may continue to run
the business or eventually help groom a successor.
Since Granite
Partners' goal is to build the businesses in which it invests, the remaining
minority interest provides an opportunity for a second significant capital
gain.
Management
Buyouts
Many times
management is offered the first opportunity to purchase a business that
they run on behalf of a corporation or third party investor. More often
than not, however, these successful senior managers do not possess the
financial resources nor the expertise required to consummate the acquisition.
These situations always have a short time frame and require a partner
who can react quickly and engineer the transaction to maximize value.
Granite
Partners has the skills and financial resources available to ensure
that these "once in a lifetime" opportunities are not missed. Simply
put, Granite has everything it takes to get the deal done! We understand
value; we are shrewd and fair negotiators; we have relationships with
all of the banks and mezzanine lenders in addition to having a substantial
amount of our own capital.
Shotgun
Transactions
In situations
where one business owner initiates the buy/sell provisions of a Shareholders'
Agreement, Granite Partners is the perfect partner. Since we are not
burdened by institutional shareholders and the bureaucracy they impose,
we can react with the speed required when a shotgun is pulled. We can
provide a Letter of Intent within 24 hours and can get a deal closed
in 30 days or less. We also know that the nature of this type of transaction
demands a partner that understands and can get comfortable with value
quickly. Granite Partners has the expertise and the experience.