September 15, 2021
8:00AM - 12:00PM

"Ownership Transition Management Succession" seminar is scheduled for September 15, 2021

The event to be held on Wednesday, September 15, 2021 will be held at the Drake Oak Brook Hotel.

Drake Oak Brook Hotel, 2301 York Road Oak Brook, IL 60523 (630) 571-0000

Please join us for this ECA Research and Education Committee program!

Wednesday, September 15, 2021 
"Ownership Transition Management Succession"
Presented by Michael McLin, Maxim Consulting Group
Drake Oak Brook Hotel
2301 York Road
Oak Brook, IL 60523
(630) 571-0000
8:00 AM - 12:00 PM 

Program description:


Fee for the session is $100.00 per ECA member.

Nearly half of all contractors will go through an ownership transition and / or management succession by 2025. Learn what alternatives exist to transfer ownership along with the pros and cons of each. Also explore techniques to garner alignment and buy in from the incoming management team. Evaluate tools to identify skills gaps of the new ownership and management team and discuss resources and options for filling the gaps.

Following this course, participants will be able to:

  • Understand alternative methods and options for ownership transition
  • Learn how to identify an incoming management team
  • Identify options to structure incoming ownership / management team to optimize results
  • Identify resources and options to help fill skills gaps considered necessary for success
  • View valuation models and methods
  • Know Tax implications
  • Understand the risk of subordinated seller financing 
  • Understand ways to transfer ownership from the founders to children and key employees, or independent third parties 
Michael McLin Ownership Transition
Michael McLin
Maxim Consulting Group

Michael McLin is a Managing Director at Maxim Consulting Group responsible for leading several service line teams within the firm. Michael works with construction related firms of all sizes to evaluate business practices and assist with management challenges. Having worked in the industry, Michael has developed a practical and objective perspective to solving business challenges. Areas of specialization include: organizational assessments, strategic planning, project execution, productivity improvement, prefabrication, peer groups, and training programs. Mr. McLin is a nationally recognized, dynamic public speaker and published author. Michael is an experienced peer group manager.

(Please register soon as we need to reach the minimum number required to hold the session.)


Please contact the ECA with any questions at (708) 531-0022. We look forward to your participation with the program!  Thank you for your continued support of Association activities.

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