Business Transition Services

For over 35 years, the Whitehall Group has been servicing middle-market privately held manufacturing companies. We have served bankers, lawyers, accountants, private equity firms, business owners, OEMs, and suppliers with a goal of helping them transition from their current business situation to one that is more suitable for the future.

What does that mean? One organization may need to create a succession plan for retirement. Another must consider how to reorganize their top leadership upon someone’s departure. Another may wish to make a contingency or emergency preparedness plan in case of an unexpected event. Yet another may wish to sell the business, merge with another corporation, or consolidate offices.

Business transition needs run the gamut depending on multiple factors, and we are here to help you identify what you need, how to plan for it, and how to prepare for the unexpected.

With the pandemic finally winding down and the economy getting back to somewhat of a normal situation, the true effects of this pandemic on businesses is starting to show. Some businesses have thrived through this environment, while others have failed and closed. PPP monies have helped those in the middle, but the real victims are the privately held middle-market companies.

Decisions have to be made on where a company is going long-term and how it’s going to get there. We can help!

Board Advisory Roles

Whitehall brings decades of Board Advisory Services experience to any business situation in incremental steps or in a full-time capacity. Whitehall has been helping companies determine if there are potential gaps that can put the company at risk, as well as provide day-to-day guidance and direction.

Executive Coaching and Interim Management Support

Whitehall executives are available to assist company management when needed, whether it is to support current management through external or internal problem situations or to provide guidance and training to a new individual or management team.

Transition Planning Services

The Whitehall Group specializes in assisting privately held middle market companies, whether they are looking to grow the business, pass it on to family or management members, improve operations and profitability, refinance, or sell the business. We tailor a custom strategy to ensure that they are prepared for any transition.

Operational Excellence

Whitehall works “hand in hand” with leadership and management to create the strategic direction and corporate environment to successfully deliver the organization’s overall goals. We help clients re-engineer troubled processes, align talent, create an environment of accountability, and improve bottom line performance.

Understanding Transitioning Solutions

Part One of Four: Have You Thought About Your Transition?

Editor’s Note: This article is the first in a four-part series devoted to understanding the transitioning of a company from operational excellence,...

Part Two of Four: The Magical 5X Valuation Multiple

Editor’s Note: This article is the second in a four-part series devoted to understanding the transitioning of a company from operational excellence,...

Part Three of Four: Using Competitive Intelligence to Drive Your Strategic Thinking

Editor’s Note: This article is the third in a four-part series devoted to understanding the transitioning of a company from operational excellence,...

Part Four of Four: Prepare Now for Mergers and Acquisitions During the Baby Boomer Retirement Era

Editor’s Note: This article is the fourth in a four-part series devoted to understanding the transitioning of a company from operational excellence,...

Did You Know…

Baby Boomers own 50% of businesses in the U.S.?

And 10,000 of these baby boomers are retiring or otherwise leaving the businesses every single day! Ninety percent of these 10,000 baby boomers never even thought about a transition. They never uncovered the answers to the burning questions, “What happens if something happens to me? What happens to the kids? What if I want to sell the business? Who will run the business after me?”

It’s essential that these businesses don’t get caught off-guard, and that’s why Whitehall Group is here.

Are you prepared for the unexpected . . . or maybe even the expected?

General Statistics

80 – 90% of most business owners’ wealth is tied up in their businesses.

50% of transitions are not voluntary and happen due to events outside of an owner’s control, including disability, death, divorce, distress or disagreement.

Only 12% of organizations have written and communicated transition plans.

75% of business owners plan to transition in the next 10 years and about 50% in the next 5 years. This represents a transfer of 4,500,000 businesses and over $10 trillion of wealth.

49% of business owners have not planned their transition at all.

Family Transition

30% of family-owned businesses reach to the second generation.

12% of family-owned businesses reach to the third generation.

3% of family-owned businesses reach to the fourth generation and beyond.

One out of ten business owners successfully pass unity and prosperity to the next generation.

To Maximize Value – Importance Of Planning

Two-thirds of business owners are not familiar with their exit options.

78% of business owners have no formal transition plan/team.

83% of business owners have no written exit plan.

Only 20% of transactions close (due to lack of planning).

But, 80% close with planning.

This is how we can help!

Contact Our Consultants

Board Advisory Roles

With decades of expertise in a wide range of industries, Whitehall is prepared to help in incremental steps or in a full-time capacity.

Executive Coaching & Interim Management Support

Whether your current leadership team needs innovative ideas to move forward or interim managers to step in, you can rely on Whitehall.

Transition Planning Services

From growing a business to selling a business, we customize business strategies to ensure your leadership team is prepared for any transition.

Operational Excellence

We use an Enterprise Operations Excellence methodology based on lean six-sigma principles to evaluate, implement, and improve operations.

Providing Services to Companies in Transition

In addition to business transition and private equity support, we offer numerous consulting and planning services to help you prepare for the future today.

Transition Management

As your organization is transitioning, Whitehall’s team of leaders are ready to help by filling management roles and providing guidance for the future.

Assessment & Advisory Services

As an independent and unbiased advisor, we can assess information to create value and identify the most strategic fit for you.

Mergers & Acquisitions

Whitehall offers services to corporate banks, attorneys, private equity firms, and owners with regard to mergers, acquisitions, or divestitures.

Process & Performance Improvement

We serve as extra sets of eyes to help you identify potential operational risks and opportunities and then develop beneficial solutions for your business.