Closely Held and Family Business

Owners of closely held and family businesses count on Lathrop GPM to deliver practical advice across a broad spectrum of legal areas and provide the attention needed to guide their business.

Lathrop GPM has a multi-generational history of advising and representing closely held and family businesses and their owners. We view our client relationship as a true partnership, and strive to deliver high-quality and timely advice that positions our clients for growth. Although we use a customized approach with each business, our objectives are always the same—helping owners achieve; for their families, their successors, and their businesses.

We counsel clients in all aspects of general corporate, limited liability company, partnership, tax and other business matters. We find solutions for the wide range of legal and business challenges that arise in the life of a private company – from entity formation and raising capital, through growth and day-to-day commercial and operational issues, to negotiating and closing complex M&A transactions and ownership transition and succession. 

Full Service Spectrum

Our lawyers can access the bench strength of many related areas of legal and industry focus, allowing us to deliver expansive knowledge in a cost-competitive manner. These services include:

  • Selection/formation of new entities
  • Organization of the Board and its committees
  • Shareholder and other ownership agreements
  • Intellectual property protection
  • Employment agreements
  • Stock option, ESOP and other benefit plans
  • Mergers and acquisitions
  • Leveraged buyouts and recapitalizations
  • Succession planning and financings
  • Restructure of existing entities
  • Spin-offs