Iris Rental Management Company was founded thirty-five years ago by Tom and Eva Williams to provide long-term rental management services to owners of apartments, condominiums, townhomes, office buildings, retail space, etc.  Since its founding, Iris Rental Management Company has maintained a fairly stable staff as a result of the pleasant working environment created by the … Continue reading Iris Rental Management Company Case Study

Whitehall Textiles Group was founded in 1960 by Don Whitehall to produce embroidered golf shirts and hats for corporate clients.  The company thrived during the late 1960s and early 1970s as a result of three large corporate clients that each generated over $500,000 in revenues per year for the company.  These three large clients were … Continue reading Whitehall Textiles Group Case Study

Global Communications Solutions, Inc., a closely held and family controlled communications company, was founded in 1925 by Major Sid White to provide Communications equipment to the shipping industry in the United States.  The current thirty shareholders are Mr. White’s direct descendants or trusts that hold shares for descendants.  The executive management is also comprised mostly … Continue reading Global Communications Solutions Case Study

Triumvirate Industries, Inc., an international small aircraft engine manufacturing firm, is in its third generation of Barkley ownership.  Currently, there are forty shareholders in the Company, some of which are trusts set up for the benefit of members of the youngest generation.             Currently, there are ten members of the Barkley family that are involved … Continue reading Triumvirate Industries Case Study

John Doe is thirty-eight years old and an employee of a manufacturing firm, RM Corporation, where he has been employed for nearly twenty-years.  Following the announcement of significant redundancies (including John) at RM Corporation, John Doe decided to put his entrepreneurial spirit to the test by buying a small business that would provide him and … Continue reading The Flower Shoppe Case Study

The Canteen is a local franchised restaurant and pub serving quality lunches at reasonable prices at ten area locations in the tri-city area.  The franchise is well-known throughout the region and has a strong customer base, ranging from professionals on the go to retirees and local college students.  The Canteen’s five area locations are organized … Continue reading The Canteen Case Study

Patriot Industries, an established textile manufacturer of embroidered golf shirts and hats, acquired Swamp Fox Industries in 1970.  Swamp Fox Industries was a manufacturer of textile manufacturing equipment but also owned a manufacturer of drill bits and derricks for oil field service companies.  Swamp Fox Industries continued to grow under the ownership of Patriot Industries … Continue reading Patriot Industries Case Study

Closely held and family controlled businesses that excel at the seven factors that characterize successful wealth creating family enterprises, as discussed in Highland Global’s The Seven Deadly Sins of Business Valuation:  Closely Held and Family Controlled Businesses, typically are able to lower the firm’s cost of capital as compared to those firms that have yet … Continue reading Morpheus Aerospace Case Study