The Changing Landscape for Manufacturing Ownership Transitions w/ Keith Butcher

The Manufacturing Executive · 2 May 2023 · 41m · Episode 151

What this episode covers

Keith Butcher, Managing Partner at ButcherJoseph & Co., discusses the evolving landscape of manufacturing ownership transitions, contrasting the seller-favorable market of 2021-2022 with the current repricing driven by higher interest rates. He explains how buyers now evaluate value based on supply chain resilience and pricing power demonstrated during recent disruptions, rather than just EBITDA. Butcher also details the mechanics of ESOPs, describing them as a multi-year succession plan involving seller financing and trust structures that allow employees to eventually own the company.

Mentioned

Companies
ButcherJoseph & Co., Morgan Stanley, Purcell Tire and Rubber Company, Guerrilla 76
Also
Industrial Marketing Live

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