Lineage's approach is flexible yet tailored to meet the unique, and often complex, needs and objectives of closely-held firms. In each instance, we structure our approach to meet the objectives of the shareholders while allowing control to remain with the owner, the next generation, or the management team. We will allow shareholders to receive significant value today while retaining control of the board of directors and substantial economic ownership going forward.

Liquidity - Closely-held business owners frequently invest their excess capital back into the business to support growth. The shareholders reach a point where they desire liquidity to diversify their personal net worth, enhance their estate planning, or purchase the shares of minority, inactive or retiring members without placing a cash drain on the business.

Control - At the same time, Lineage understands the closely-held business owner’s desire to maintain control of the business. Our investment structures typically allow voting control to stay with the shareholders, and provides for significant participation in future equity value.

Economic Ownership - Our approach incorporates a tax-deferred reinvestment and allows owners to retain up to 50% of the business. Recapitalizations and buyouts typically utilize significant leverage, including both senior and subordinated debt. The Lineage model uses less leverage to provide capacity for strategic growth initiatives.

Strategic Partnership for Growth - Most important, by leveraging our collective investment and operating experience, and network of relationships, Lineage serves as a sounding board for the team on a wide range of strategic issues. We pride ourselves on building effective partnerships with owners and management teams to ensure the future success of the business.