Anyone experienced a private sector buyout?
the owner of our company (a very small shop--6 full time and 6 part time people) would like to retire, and would like to sell the company to provide for his retirement. he isn't actively looking, but will probably take the first good opportunity to sell. it almost happened a few months ago. we do economic development, market strategy, fiscal impact studies, etc.
just wondering if anyone else has gone through a buyout of a planning/design/ED firm--i'd be interested in hearing anyone's experiences in this realm.