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Nonqualified Benefit Plan Examples
Acquisition Enhancement Strategy (AES)
During the past fifty years, many financial institutions
have experienced dramatic growth in revenues and earnings through
mergers and acquisitions. In addition to absolute growth, some financial
institutions have found acquisitions to be an attractive means of
overcoming barriers to entering new geographic markets as well as
expanding existing product lines or adding new product or service
offerings as evidenced by the recent frequency of mergers and acquisitions.
In structuring mergers and acquisitions, two goals are consistently
at the top of every list: (i) to minimize or eliminate dilution
of earnings and (ii) to structure transactions that effectively
address income tax considerations for both the buyer and seller.
Inevitably, the sale of a financial institution
results in a gap between what the seller desires to receive and
what the buyer is willing to pay. Acquisition Enhancement Strategy
(AES) was developed specifically to satisfy the needs of both buyers
and sellers of businesses, thereby reducing this gap. AES benefits
acquirers by improving the economic structure of the transaction.
Sellers benefit by minimizing the sale's income and estate tax consequences,
thereby maximizing proceeds.
If you are considering or selling a closely-held
financial institution, a BCG consultant would be happy to talk with
you and see if AES might be a viable solution for your transaction. Contact
Bank Consulting Group.
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