PUTTING LIPSTICK ON THE PIG
Preparing yourself, your family and your
business for sale, transition and your exit
A FOUR PART EXECUTIVE SEMINAR
EXCLUSIVELY FOR CEOs / Owners
OF PRIVATELY HELD COMPANIES
overview | about the experts | session synopsis
Chase Cole, Partner
Waller Lansden Dortch & Davis, LLP
Chase frequently assists family ownership groups and other principals in the sale of closely held businesses, including the sale of a regional electrical products distributor to the world’s largest electrical products distributor, the sale of family-owned trucking company to a publicly traded truckload carrier and the sale of closely held cigarmaker to an international cigar producer. He also has extensive experience representing buyers in such transactions.
In addition to his mergers and acquisitions practice, Chase has extensive experience in the areas of venture capital financing, corporate law and governance, securities law and public offerings.
Chase is recognized in The Best Lawyers in America® (Woodward White, Inc.) and America’s Leading Lawyers for Business (Chambers & Partners), and hewas named one of the “Best 101 Lawyers” in the State of Tennessee by Business Tennessee and listed in the Nashville Business Journal’s “Best of the Bar."
Beth Franklin, CEO and Co-Founder
Multi-Task Solutions LLC
After successfully completing the start-up, development, and sale of several companies, Beth now wants to share her wealth of knowledge with current business owners. She is confident that she can help others develop plans for expansion, delegate roles within their company, and create successful exit strategies.
During her seventeen years at the helm of Star Transportation, an irregular route truckload carrier, Beth was able to grow the family-owned business into one of the Top 100 companies in Nashville. Her experience with Star Transportation taught Beth valuable lessons about leadership styles, building a successful business, and putting together a feasible and lucrative exit strategy.
In addition to her prominent role in Nashville’s business community, Beth is actively involved in philanthropic and community organizations, utilizing her love for business and counseling in her role on several boards of local charities and organizations. A member of the Tennessee Trucking Foundation, Beth has remained active in the transportation industry. She served as the Director of the Nashville Branch of the Federal Reserve Bank in Atlanta from 2000 to 2005, serving as Chairman in 2002 and 2005. She is currently serving on the Bank of America Nashville Advisory Board. Beth is on the Board of Overseers of the Vanderbilt-Ingram Cancer Center in Nashville, using her experience with cancer to enrich the lives of those currently impacted by the disease. In addition, Beth is on the Board of Directors for Second Harvest Food Bank of Middle Tennessee. Her involvement with Second Harvest included co-chairing the 2007 Harvest Moon Ball, raising money for those less fortunate in and around Nashville.
Kevin Jenks, Financial Advisor
National Financial Services Group
Kevin Jenks joined National Financial Services Group in February 2007, bringing to the firm 14 years in the financial services industry. Kevin specializes in helping successful business owners protect the people most important in their lives. Kevin helps business owners expand their ideas of protection to include the creation, sustainment, protection, and distribution of assets in the most tax-efficient manner possible. Through educating his clients on sophisticated tax-reduction, retirement planning, and estate planning concepts, Kevin brings tremendous value to his many business owner clients and engenders great client loyalty.
Along with his passion for helping his clients, Kevin is very active in his church. Kevin and his wife are also very passionate about adoption and adopted children and are the founders of their church’s adoption education and support group. Kevin loves to play golf and enjoys travel, music and the performing arts, but above all his favorite way to spend free time is with his lovely wife and beautiful daughter.
Kevin Jenks is a Registered Representative and Investment Adviser Representative of Equity Services Inc. Securities and investment advisory services are offered solely by Equity Services, Inc., member FINRA/SIPC, 1050 Crown Pointe Pkwy, Ste. 1000, Atlanta, GA 30338, 770-512-5100. National Financial Services Group and all other entities indicated are independent of Equity Services, Inc.
Richard Johnson, Partner
Waller Lansden Dortch & Davis, LLP
Richard’s practice focuses on advising closely held companies and assisting high net worth individuals with tax, estate and gift planning; and providing counsel to tax-exempt organizations. Mr. Johnson advises large, closely held companies in a broad range of industries on business law and operational matters. Additionally, he integrates ongoing corporate objectives with the long-range goals of company owners and family ownership groups. Mr. Johnson combines his vast experience with LLCs and partnership law with strategic tax planning to minimize corporate and personal tax liabilities on both the state and federal levels.
Richard also represents other high net worth individuals, including corporate officers and executives, investors and families with inherited assets. He assists in ensuring the security and financial stability of individuals and their families by protecting and retaining wealth through strategic planning related to income, estate, gift and generation-skipping transfer taxes.
Dave V. Power, CM&AA
Senior Manager- M&A / Business Transition Group
Lattimore Black Morgan & Cain
Dave has more than fifteen years of experience within the financial services industry. At LBMC, he works exclusively with business owners of privately-held companies to plan and implement unique business succession/transition strategies. This includes intergenerational business transfers as well as outright sales to key employees or outside entities.
The Business Transition Group has been honored to exclusively represent the selling owners of more than $250,000,000 worth of business transitions during the last 6-7 years. With an emphasis on longer-term value creation and with unprecedented access to all of the professional resources within LBMC’s 425+ person firm, Dave and his team offer a level of merger and acquisition (M&A) service that is unrivaled in the marketplace.
Before joining LBMC in 2002, Dave owned a local-area general business consultancy. Prior to that, he managed the retail marketing department of a large, regional securities brokerage firm, which was an extension of his early career as a retail and then institutional broker.
Tom Price, Partner
Price CPAs PLLC
Tom has been a partner at Price CPAs, PLLC since 1978. His advisory services include strategic planning, business structure and organization, valuation of businesses for purposes of buying, selling, marital dissolutions, retirement plans and estate planning, financial and tax planning, cash flow projections, loan negotiations, and other management services. Tax practice includes long range and transaction planning for individuals, corporations, partnerships, retirement plans and trusts. Tom also provides litigation Support in the areas of business valuation, marital estate net worth determination, stockholder disputes, loss of income (damage) calculations, wrongful death – pecuniary value of individual’s estate and calculation of disability income claims.
Tom is also a member of American Institute of Certified Public Accountants, Tennessee Society of Certified Public Accountants, and National Association of Certified Valuation Analysts.
Alan Webb, CPA
Price CPAs PLLC
Alan has been practicing in public accounting since June 1992. Alan’s core experience of providing audit, tax, accounting and consulting services for privately held companies and their owners over the last 16 years serves as the foundation for his ability to fulfill the many needs of the firm’s clients. Over the years, Alan has worked with clients in various industries in different regions of the country varying in size up to annual sales in excess of $1 billion, serving in advisory/consultant roles during buy/sell transactions and general business valuation services, as well as consulting and advising from an external CFO perspective.
He received his undergraduate degree from the University of Tennessee at Knoxville. Alan is an active member of the American Institute of Certified Public Accountants; the Tennessee Society of Certified Public Accountants; the National Association of Certified Valuation Analysts; and BNI- West End Chapter.