Owners want to stay involved

searcher profile

October 25, 2025

by a searcher in United States

How would you approach making an offer if the 3 owners all want to sell but 2 of them want to stay involved? My understanding is they want to take chips off the table but need income because they’re in their 50s. Would you structure it with them involved still or only buy if they’re not involved?
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commentor profile
Reply by an intermediary
from University of Nevada in Henderson, NV, USA
I think that you have to understand what the culture that you want to implement in the company and also make sure they understand there roles clearly because some of the issues that you might face is the organization understanding who is the final decision maker and who to look to since the owners have been there before you. On the flip side if you are going to have the owner be the GM, then that is awesome because he understands what the company culture is and it is just a matter of implementing your new vision. I hope this is help if you need more insight then message me
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Reply by a searcher
in Boston, MA, USA
It would be easier to finance the deal with those owners on, involved. Maybe 80/###-###-#### /40.. Can pay them a salary and eventual "earn out". Usually a fixed deal is best. With earn-outs, they turn can be.. nasty. Ex - you make a change - Change results with less revenue - Less revenue = lower Earn out. Now there's a lawsuit. Talk to your team first. Speak to the owners separately, find what resonates with their long term goals. At a surface level, this sounds like a good thing for the deal. Best of luck
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