Small Family Business

The sale of a small business is often highly emotional. It is also an excellent opportunity to address the competing needs of the next generation.

We work to understand the dynamics of each small business, the specific needs of the family and then to develop a transaction that will accomplish their goals. While each situation is unique, there are recurring themes that arise in small business transactions, on-going employment for family members, financial security for a spouse, family legacy in the community, among others. ICH has helped multiple generations accomplish their goals through a sale of the small family business.

Sale or Partial Sale

For many business owners of successful small businesses their occupation and their primary financial asset is their business. After many years of hard work they face a crossroads –selling all or a portion of their business in order to transition from day-to-day management and secure their financial future or retirement.

ICH works with business owners to understand their goals – employment, financial and commitment to key employees. Employment goals can range from retiring tomorrow in order to pursue an interest or spend more time with family to staying involved in the business but without the financial pressure. Financial goals typically involve receiving a cash payment at closing as well as estate planning goals. Most small business owners want to see their key employees benefit from the sale of the business. While each situation is unique, ICH can help owners put together a plan that allows them to achieve their goals through a sale or partial sale of their small business.

Past Investments

Archistoric Products LLC

Archistoric is a Chicago‐based manufacturer of architectural-grade custom light fixtures for the hospitality, commercial, and residential markets. In addition, the company provides value-added services including fixture restoration and retrofit projects. Archistoric was formed to acquire the Wilmer S. Snow Company, an 82 year‐old lighting manufacturer. As an add-on acquisition, Archistoric purchased Lang Levin, Ltd, a 60 year‐old manufacturer of lamp shades and shape pendant fixtures.

EB Financial Group, Inc.

EB Financial is the bank holding company for Baytree National Bank & Trust Company, a community bank in Lake Forest, Illinois providing personal and commercial banking products. EB Financial was sold to Federal Savings Bank.