Hi all,

I'm working on a deal in Virginia that requires Class A licenses for both plumbing and electrical. VA requires you to have 5 years relevant experience to sit for the exam (I have zero).

Currently the seller has both licenses, but they are not transferrable under state law. Another employee also has them.

Any tips for how to transition the seller's licenses over to my NewCo?

Some options I've heard include seller consulting agreement, keeping the OldCo as a passthrough somehow, hiring a new person with the licenses, or just doing a stock deal. Would really appreciate any tips for getting this done with minimal risk.