Reijmer/Russell on M&A Directions: Can We Talk? Not Necessarily
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When the time comes to break the news, we urge sellers to do so in a public meeting with as much candor and honesty as possible. Being up front with your business and personal reasons for selling will go a long way toward allaying fears and minimizing disruption during the transition of ownership. An all-hands meeting also is a good opportunity to talk about who the new owners are and how the transaction will benefit the company and the people who work for it.
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Albert J. Reijmer
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Al Reijmer, partner at New Direction Partners, brings over 40 years of industry experience including various roles as a printing firm owner and as a supplier of printing presses. As a senior executive in two global press manufacturers, he utilized his hands-on production, finance and management experience to assist printing and packaging firms analyzing their equipment acquisition requirements through comprehensive investment analysis and ROI evaluations. Contact him at (610) 230-0635, ext. 707.
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