Ownership Transition

President and CEO of Barton & Loguidice, a full-service consulting firm headquartered in Syracuse, New York.

President and principal-in-charge at Taylor Design, an architecture and interior design firm
headquartered in Irvine, California.

Founding principal of J2 Engineers, a multi-discipline firm looking to double its 2018 net service revenue by 2023.

“What causes AEC firms to fail? I have been a student of this business for 39 years now. Here’s what I have seen.”

The effort to chart a new path should begin long before firm founders retire, and should be exhaustive.

Surrounding oneself with the appropriate professionals, and planning accordingly, will position your company for a successful transition to ESOP ownership.

When new partners buy out old ones, you have to outline specific duties before assigning leadership roles, among other considerations.

President of CEI, a 20-year-old minority-owned engineering and contracting firm based in Miami Lakes, Florida.

President and co-founder of ADC Engineering, Inc., a multidisciplinary firm based in Hanaham, South Carolina.

“Taking these steps could help you get more focused on the right clients and projects and that could lead to more success over the long (and short) term.”

President of JBCI, a small, but venerable, repair and restoration firm based in Philadelphia.

President of Reaveley Engineers, a national structural engineering firm based in Salt Lake City, Utah.