What are you going to do with your contracting company when is time to retire?
If you don't have the answer to that question, you are not alone. But only you can take the first step to do something about it.
At Delta Construction Partners, we know what it's like, having asked that question for ourselves as contracting owners. Not only did we solve it for ourselves, but we have been helping contractors solve it for themselves many times since then.
Whether it's planning for succession to family members or the next generation of management, figuring out a true market value for your business, structuring a way to get the value out of it, or needing guidance to buy or sell a business, Delta can help do it all.
Succession Planning
How long will you stay active in your business? Do you have somebody to take it over? Can you financially afford to make the transition? Are you emotionally ready? What does your family or key management expect from the business and what do you expect from them?
Continuing a construction company beyond one generation of leaders requires planning. Whether through private shares transferred to a senior manager, or a team of managers, or a leadership transfer to family members, a succession plan smoothes the way for continued business success.
Succession Planning is an ongoing process of identifying, assessing and developing construction talent to ensure the leadership continuity for all key construction leadership positions in an organization. Succession Planning should reflect the way the organization needs to change in order to achieve its strategic goals, and is critical for owners who are looking to attract and retain construction talent, execute an effective exit plan, transferring ownership, wanting to increase the value of their business or depending upon the next generation of leaders to lead the firm.
At Delta, our goal is to contribute to your ongoing success as an organization by ensuring leadership continuity. We work with you to identify the key players in your organization that will play a key role, help determine if additional talent needs to be recruited and to find it, and to lay out a time table and a plan that gets you there.
Business Valuations
Delta consults with construction owners, their accountants, attorneys, insurance agents or financial advisors regarding the value of their business. We can help business owners settle differences, value a business for estate and gift tax purposes, or just satisfy their curiosity as to the value of their business. We work with business owners, whatever the reason for the valuation.
In addition to providing valuation services, we provide consulting services on how to maximize the value of a business. So if you want to sell your business today, or five years from now, you need a point at which to start. Our goal is to equip you with information to make informed decisions when it comes to the ownership of your firm.
Ownership Transfer Services
The challenge of managing ownership in a privately contractor has never been greater. What is a fair value for your stock? Will you be able to manage the retirement and redemption of a major shareholder? How can you keep the stock affordable for new shareholders? Whatever issues you are struggling with, we've seen them before and can help.
The team at Delta has helped hundreds of construction-industry firms determine a fair valuation, in addition to helping them solve the complex issues associated with ownership transfer. The aim of our service is to help contractors provide for the continuity of their businesses with minimal disruption to their organizations. We do this by:
- Identifying corporate and personal objectives
- Discussing the various options associated with ownership transfer
- Providing perspectives on valuation
- Placing a value on the firm for the various options
- Recommending appropriate ownership transfer alternatives
- Working with the client and their advisors to implement the plan
The principle consultants involved in Ownership.
Merger & Acquisition Services
If you find yourself in the position of considering the sale of your company, we can help. We can assist you with finding and evaluating acquirers; selectively marketing the company to qualified buyers, private equity groups and other M&A Professionals, establishing deal values, structuring the transaction, and otherwise helping you to navigate the complex process of selling your business.
If you're considering an acquisition or merger, again we can help. We can assist you with finding and evaluating acquisition candidates, utilizing our database of financial information on 1,000's of mechanical, electrical and other specialty contractors; helping you target candidates, structure the transaction, and provide for a smooth transition process.
We bring a unique combination of industry knowledge, relevant transaction experience and financial expertise to bear for our clients... in fact; we even have experience selling our own contracting companies.