Reply To: After integrating a family business, should the former owner remain or not?

#85074

Jenny Ewen
Participant

Very tough decision – depends on the situation, motivations for the acquisition, intentions for independence of the target, leader themselves, etc. Each situation likely needs to be addressed differently and also with the assumption that what you originally decide may change depending on how things go. We have just acquired a small company (not a family company, but founded led by 2 brothers) and so far they are working out as continuing to lead that company with reporting up to a division in our much larger company. We wanted that company to keeps it’s tech start up feel so it was important in this instance that they stay.

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