Chapter 10
Analysis and Valuation of Privately Held Companies
Maier's Law: If the facts do not conform to the theory, they must be disposed of.
Inside M&A: cashing out of a privately held enterprise
When he had reached his early sixties, Anthony Carnevale starting reducing the amount of time he spent managing Sentinel Benefits Group Inc., a firm he had founded. He planned to retire from the benefits and money management consulting firm in which he was a 26% owner. Mr. Carnevale, his two sons, and two nonfamily partners had built the firm to a company of more than 160 employees with $2.5 billion under management.
Selling the family business was not what the family expected to happen when Mr. Carnevale retired. He believed that his sons and partners ...
Get Mergers, Acquisitions, and Other Restructuring Activities, 6th Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
