SURVEY: Next Generation Balking at Buyouts

"Partnership" written on two connected puzzle piecesM&A doesn’t solve succession problems.

By Terry Putney, Transition Advisors
The Rosenberg MAP Survey

Succession for retiring partners continues to be a pressing issue for many mid-size and small firms.

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This is not a new trend. It is amazing how many firms are delusional about their prospects of remaining independent, while doing virtually nothing to address the core issue of acquiring and developing the talent necessary to build the new generation of owners.