Welcome to the new Water Street Advisors website!
As you know the Water Street Advisors team has often written about and discussed the importance of planning, the importance of having a great team and most importantly having a succession plan in place.
We have been doing that at Water Street Advisors and as many of you know my goal was to have LeAnne Foster and John Weber succeed me. They are both outstanding professionals and wonderful people. I have been very proud of what we have accomplished together and it is now time for us to implement our succession plan.
While it would have been nice to have them do it under the Water Street banner it was not practical. Our business has no defined beginning or end and there are always things in progress. We continue working on the transition of clients and they continue to be a priority.
LeAnne will be working under the name of LF Advising LLC and John will be working under the name Sage Intermediaries LLC and I will support their efforts today and in the future. The focus and process will continue to be the same, but admittedly I will be scaling back and concentrating on other priorities.
The band is still together just in a different way with a few more solo gigs scheduled.
Transitions are always tough, but they are also very exciting. It will be great to be part of John and LeAnne’s future success.
John Kielich – Founder and Owner, Water Street Advisors
Flexible, Custom Investment Banking
Water Street Advisors successfully assists business owners in the sale of their companies. We are their partners until the closing. We understand that the decision to sell a family business is not to be taken lightly.
It is a big decision and having a partner who has successfully bought and sold companies before is important throughout the many phases of the process. We help owners navigate these, and through persistence and responsiveness keep the process moving forward letting owners concentrate on your business. We also understand that this is a very personal and emotional decision and act as a sounding board as we negotiate not only the business aspects of the deal, but the personal ones as well.
The team members of Water Street Advisors, have all had senior roles in large corporations and have chosen to apply that experience in successfully assisting privately held companies in the Lower Middle Market.