Skip to Main Content

Corporate & Business Transactions Privately Held & Family Owned Businesses

Amplify your creativity with office like this

Overview

Hinckley Allen’s Privately Held and Family-Owned Business Practice Group has been a trusted partner to numerous thriving privately held and family-owned businesses throughout the Northeast for many years. Our dedicated team of attorneys brings a wealth of expertise in various legal disciplines, including governance, succession planning, labor and employment, and tax considerations. Serving businesses in a wide range of industries, we understand the unique challenges and opportunities that come with being a privately held or family-owned business.

Creating partnerships that last.

Our award-winning attorneys serve as both legal advisors and business consultants, delivering a comprehensive suite of legal services essential to our clients’ success. With an unwavering commitment to strong, enduring relationships, we stand shoulder-to-shoulder with every enterprise we serve. Our legal representation is marked by a proactive and adaptable approach, adeptly addressing the ever-evolving demands of our clients.  At Hinckley Allen, we understand the importance of creating strategies and protocols that safeguard our clients’ business interests, all while preserving valuable interpersonal relationships.

Services

We offer comprehensive services aligned with your business needs, including:

  • Mergers & Acquisitions
  • Trusts & Estates
  • Real Estate
  • Labor & Employment
  • Construction
  • Tax
  • Cybersecurity, Privacy & Data Protection

Across a wide range of industries and types of business, including:

  • Construction
  • Manufacturing and Distribution
  • Medical Practices
  • Personal Service Firms
  • Real Estate Management and Development
  • Family Office

Experience

Representative Experience

  • Hinckley Allen assisted client Halloran Consulting Group, Inc., a woman-owned, life sciences consulting firm, in establishing an employee stock ownership plan (ESOP). The company was built and grown by the founder, and as part of her long term planning, she saw the ESOP as a way to recognize the important contributions of employees.  The Firm analyzed succession-planning options with the founder, evaluated trustees for the employee stock ownership trust, and collaborated with the company’s tax advisors and trustee’s counsel to structure and establish the ESOP.
  • Hinckley Allen advised the owners of a 3rd generation family-owned manufacturing business in connection with its sale of the business to a private equity buyer. The transaction involved tax planning for the individual and trust shareholders, navigating competing interests among the shareholders, and addressing real estate which was separately owned by a different set of family members.
  • Hinckley Allen represented the shareholders of a family-owned manufacturing business in connection with its sale to a private equity buyer. The transaction involved navigating numerous issues among the shareholders, each of whom were to take on different roles and responsibilities with the buyer. Hinckley Allen has continued to represent the company post-closing, working closely with the legacy family shareholders and new ownership.

Newsroom

Publication

Important Data Privacy and Security Considerations for Privately Held & Family Owned Businesses

October 6, 2022

The importance of developing and maintaining a robust data privacy and security program cannot be overstated, particularly given the increasing sophistication of bad actors, the growing privacy concerns of consumers, and the proliferation of data privacy l…

Publication

Critical Considerations for Drafting and Negotiating Working Capital Adjustments

August 26, 2022

Working capital is essential to the operations of every business, making it a critically important component in many M&A transactions. From the buyer’s perspective, the purchase price it offers typically assumes that there will be a normal and suffic…

See All Publications
Firm News

Hinckley Allen Named a Best Law Firm by Best Lawyers Since 2010

November 2, 2023

Best Lawyers has recognized Hinckley Allen as a Best Law Firm for the 14th year in a row. Firms included in the 2024 Best Law Firms list are recognized for professional excellence with persistently impressive ratings from clients and peers. Achieving a tie…