The four owners of a family business disagreed on how to handle liquidity and dividends. The two owners who were active in the business wanted to reinvest the large majority of liquidity every year in order to grow. However, the two nonactive owners, who were receiving limited dividends, resented this. They worried the active owners would draw a bigger salary as the business grew more profitable.

BBH worked alongside the family and a valuation company to identify the common reinvestment rate among companies in the same industry. Taking this information and the needs of the parties involved into consideration, the family developed a solution.

An owner was looking for a way to professionalize his company in order to grow the business and maximize value. He decided to form an advisory board that would provide long-term governance and oversight for the management team.

BBH walked the owner through the process and considerations when building an advisory board. We developed criteria for members, helped the owner vet prospects and provided additional guidance. In addition, BBH helped with the agenda for the board’s quarterly meetings.

A multigenerational family-owned transportation services company was evaluating investing in a technology that had the potential to reshape the industry.

BBH helped the family throughout the potential investment process by leveraging our expertise and network. We developed an independent perspective on the technology, assessed the competitive landscape and facilitated introductions to other potential technology partners, assisted with due diligence and suggested investment alternatives. Armed with a wealth of information, the family ultimately determined it could achieve its goals through a commercial agreement instead of a capital commitment.