$250M Bay Area business transfers from founders to heirs

Manatt completed a $250 million dollar transfer of stock in a highly successful, Bay Area family-owned business from its founders to their children as part of a complex series of wealth transfer transactions engaged in by all members of the founding generation and their children. These transactions have been in the planning stages since early this year and have involved significant business succession issues—including the negotiation and documentation of a multi-generational buy-sell agreement and voting trust—and a complex series of gifting and sale transactions, all of them negotiated among a team of eight outside attorneys (different family members had their own counsel) and in house senior management, including in-house general counsel and the Company’s Chief Financial Officer.

Service Type

Contracts / Agreements, Trust & Estates




San Francisco