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By Laurent CAPOLAGHI, Partner, Private Equity Leader Aude de ROQUANCOURT, Partner, Accounting Compliance and Reporting, EY Luxembourg
Family-owned businesses form the backbone of the global economy, significantly contributing to local economies (GDP) and employment. However, they often encounter critical challenges during generational transitions, such as leadership gaps, financial constraints, and conflicting visions among stakeholders. Private equity (PE) firms are recognized as being instrumental in addressing these challenges and facilitating successful succession planning.
Succession appears as a critical moment in a family business. Within the next decade, nearly 40% of European family-owned...
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