The major shareholders are looking to retire and realize on the substantial value they have created in their businesses. VG Partners will buy the company, and provide the owners with a safe and profitable way of retiring. VG Partners is happy to work together with the current management team as partners in the purchase, or can bring in experienced outside management.
The owners are looking towards an eventual retirement, and wish to realize on a portion of the value they have created in their company today. Such a “staged exit” allows an owner to enjoy a sizeable portion of their equity now, while working on a succession plan and eventually complete retirement.
The company operates in a fragmented industry that provides an attractive opportunity for consolidation and management has the desire to become the dominant player in the market. VG Partners will provide the capital and expertise for the consolidation.