Navigating the Family Business Maze: Building Long-Term Value in Family-Owned Enterprises & Tips for Transitioning Among Generations
Presented By: Eide Bailly LLP / Messerli Kramer
Join the leaders of two multi-generational family businesses, a veteran deal attorney, and a CPA as we pull back the curtain and discuss what it takes to successfully transition leadership among generations. From preserving the legacy of the business to fostering innovation and growth, this panel will explore the unique challenges and opportunities faced by family-owned enterprises and offer practical advice for ensuring a smooth and successful transition.
Moderator:
Attorney | Division Chair
Messerli Kramer
Brett Larson is a Shareholder and Chair of the Minneapolis Division at Messerli Kramer. He focuses his practice in the areas of mergers and acquisitions, corporate organization and reorganization, international transactions, and succession planning for businesses and business owners. Brett also serves as outside general counsel to many U.S. based businesses in the lower-middle and middle markets.
Partner
Eide Bailly LLP
Kyle is a Partner leading Eide Bailly's Quality of Earnings segment of Transaction Advisory. He has 14 years of professional experience with three years living and working in Germany where he advised on international transactions. Kyle specializes in advising private equity and strategic buyers in buy side financial due diligence and helping founder owner businesses with sell-side quality of earnings.
Panelists:
Advisor
Midwest Fire Equipment & Repair Company
In 2007 Dean Atchison acquired Spectrum Aeromed, a designer/manufacturer of patient transport solutions for aircraft. In 2013 his wife, Sarah, acquired Midwest Fire Equipment & Repair Company, a designer/manufacturer of fire trucks. Dean also serves on the board of Moore Holding Company, an Employee-Owned organization actively engaged in M&A across the engineering & technology space.
President & CEO
Pump and Meter Service, Inc.
Kurt Radermacher is the 3rd generation Owner and CEO of Pump & Meter Service, and Vice Chairman of Lakeshore Family Partners. Pump & Meter has been in business for over 90 years and is one of the oldest family-owned petroleum equipment businesses in the United States. The Company is a petroleum/Automotive/EV Charging equipment distribution, construction and service company headquartered in Hopkins, MN with locations in Rochester – MN, Chippewa Falls – WI, and Duluth – MN.
After graduating from Purdue, Kurt worked in all aspects of the business prior to purchasing the business and becoming CEO in 2018.
Away from work, Kurt enjoys spending time on the lake with his wife, Lauren, and son Beckham (6).