For many family-owned businesses, a full sale is not the goal. The founders (and often the next generation) want to realise some value, de-risk personally, and fund the next stage of growth, while keeping the family’s name, culture and long-term decision making at the centre of the business. A minority investment (selling less than 50%) can be a compelling route to achieve exactly that. This “partial exit” trend also fits the current UK deal environment. Advisers are forecast

Birketts are East & East Anglia Regional Partners of Family Business United. What We Do Birketts LLP is a UK Top 50 law firm with a dedicated Family Business Team. We advise family-owned businesses on key strategic decisions relating to the growth and sale of family businesses. We also advise on non-family recruitment and day-to-day operational issues. Services Offered To Family Businesses Our expertise covers succession planning, sales and acquisitions, governance issues, em

Family business owners often see their business as “the additional family member at the dining room table.” Preparing a family charter...

A FIC is an investment vehicle with the main benefit being the ability to pass on wealth to the next generation whilst retaining some control. In this article, Rafael Ruiz of Birketts explains more about the investment vehicle and some of the rules around them. The starting point is forming a company with bespoke Articles of Association and a Shareholders’ Agreement. Generally, the directors are the parents and the shareholders are adult children. Day to day management, inv