Contact us for more information about helping your business family thrive

Ownership Transfer: How We Honored
Both Generations and the Business

CLOCKWISE FROM TOP LEFT: Ben Brubacher, Keith Brubacher, Ken Clemmer, Don Silver

Wednesday, September 20, 2006
7:30 AM - 11:15 AM
Indian Valley Country Club, Telford, PA
Breakfast buffet included

While many of our Forums address the critical process of developing next-generation leaders, this Forum explores the wide spectrum of ownership transfer options for family businesses.

Tax efficiency and the "fair share" values of estate planning are important considerations. However, ownership of a closely held family business is not an entitlement; it's a choice for both generations! Ownership carries significant fiduciary responsibilities and should be limited to family members who have demonstrated the competence, commitment and alignment to be good stewards of these awesome responsibilities into the next generation.

We'll address issues such as:

Who initiates the ownership succession planning proces ... seniors or the next generation?

Who are the external professional advisors best suited to support ownership succession planning, the last and most difficult stage of the succession journey?

Meet the Speakers:

Join us on September 20 to learn about the ownership transfer journeys of three different family businesses, how they made their decisions, and how the process has impacted the business and the family. Download Press Release (PDF)

Ben Brubacher, Founder & Board Chair, Brubacher Excavating Inc., Bowmansville. Our featured family firm, Brubacher Excavating Inc., a $55 million site improvement company which employs about 360 in Bowmansville, PA, was founded by Ben Brubacher in 1971. Currently there are three 2nd generation owners who are in the process of developing their Shareholder Charter. Read more on the Brubacher transfer story...

Keith Brubacher, President, Brubacher Excavating Inc., Bowmansville

Don Silver, Former 3rd-Generation, Owner/President of Penn Ventilators. For a glimpse into Don's ownership transfer story, as published in Family Business magazine, click here.

Ken Clemmer, President, SynaTek, Souderton. Learn how Ken has transitioned some of the capital and the legacy from his 5th generation family business, Moyer & Son, Inc., to create a "new" enterprise, SynaTek, a fertilizer distribution company, in partnership with another family business in Maryland.

Mario Vicari, Director, Kreischer Miller. A member of our Family Business Advisory Team, Mario will review the range of ownership transfer options which can be customized to meet the unique needs of family businesses. There are many options!

For More Information:

> Download Event Brochure (PDF)
> Download event summary in our Family Business Newsletter

Please contact Sally Derstine at (215) 723-8413 or click here for more information or to register.

The Family Business Learning Community gathers monthly to learn best practices of successful business families and competent advisors. Join our membership of over 80 family firms from all industries across the tri-state area. These 1st through 5th generations learn from each other and with each other at quarterly Forums and monthly Mini-Forums.

Forum cancellations must be made 2 days prior to event; if registration fees are involved, they cannot be refunded or waived when cancellations are made after that date or when the registrant does not attend.

Directions:

Indian Valley Country Club
650 Bergey Road, Telford , PA
(215) 723-9886
www.indianvalleycc.com

From PA Turnpike (East / West)
-Take PA turnpike to northeast extension (route 476). See below.

From PA Turnpike (Northeast Extension /Interstate 476)
-Follow northeast extension to exit 31 - Lansdale.
-Exit toll booth and turn right onto Sumneytown Pike (PA route 63 West).
-Follow 63 West approximately 4 miles to center of Harleysville.
-Turn right at Harleysville Pike (PA route 113 North).
-Follow 113 North approximately another 4 miles into Telford.
-Turn left onto Telford Pike just before the Getty Gas Station.
-Travel about 50 yards, then turn left again onto Bergey Road.
-The clubhouse is 1/2 mile on the left.

From PA Route 309
-Follow PA route 309 to Souderton Exit (route 113).
-Turn onto route 113 South and follow approximate 1 mile into the center of Souderton.
-Immediately after crossing over the railroad tracks, turn right and continue following route 113 South.
-Travel approximately 1.5 miles until you reach Bergey Road (just before the Getty Gas Station). -Turn right onto Bergey Road. The clubhouse is 1/2 mile on the left.