Jan. 31, 2025 – Barry Rieger, a partner in Aprio’s Transaction Advisory Services practice, shares key succession planning strategies in the January editions of Austin and San Antonio Construction News. In “Succession Planning for Construction Business Owners: Considerations and Best Practices,” Barry outlines how owners can maximize business value and ensure a smooth transition, especially when selling to private equity.
He highlights the importance of understanding valuation, aligning financials with GAAP standards, building a strong management team, and reducing risk through customer diversification. Barry also stresses the role of professional advisors in navigating the process.
Read the full article in Austin and San Antonio Construction News.