304. The coming wave of business transfers
About this episode
The episode discusses the impending wave of business transfers as baby boomer owners retire, exploring its implications for various stakeholders.
As millions of baby boomer business owners in the United States approach retirement, the country faces a major transition in business ownership. Over the next decade, millions of small and midsize businesses could be sold, transferred, or closed, with major implications for local economies, jobs, family wealth, and economic mobility. In this episode, we hear from partner Ken Yearwood and associate partner Nick Noel about the wave of business transfers on the horizon, the scale of the opportunity, and the risks of avoidable closures. They discuss what this transition could mean for buyers, sellers, private capital, employees, and rural communities, and explore how a broader and more inclusive ownership ecosystem could unlock long-term value. Related insights The Great Ownership Transfer: A new era of business stewardship McKinsey Institute for Economic Mobility Support the show: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/ See www.mckinsey.com/privacy-policy for privacy information
More episodes of Inside the Strategy Room
- 306. Transforming value creation in private equity portfolio companies
- 305. Prudential’s Charles Lowrey on finishing strong as CEO
- 303. How finance leaders are driving value with AI
Explore listener stats, chart rankings, contacts and more on the Inside the Strategy Room podcast page.