Helping a manufacturing family navigate a third-generation transition
The Challenge
A $12M manufacturing company with three generations of family involvement had no written succession plan. The founder was ready to step back, but the next generation wasn't aligned on roles, governance, or ownership structure.
Our Approach
BLE facilitated a multi-month engagement covering governance design, family role definition, and a phased transition plan. We worked with both generations privately before bringing the full family together.
The Result
The family agreed on a governance structure, defined clear operational roles, and executed a transition plan over 18 months. The business continued to grow through the transition.
“They are the reason this business is still in the family.”
Margaret R. — Third-generation Owner