Unionized businesses

by a searcher

1 year ago

My wife and I are considering acquiring a unionized business. We understand that there are labor law related challenges and would like to know whether any Searchers have had experience in acquiring a Unionized business. Is the juice worth the squeeze? Our main concern other than potential industrial action, is the ability to sell the business after we scale it. Does anyone have any experience in either buying or selling a Unionized business? Please feel free to share your experiences. Thank you.

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5 comments

searcher from Saint Louis University

Run away

1 year ago | like reply | 0 likes

professional from University of Minnesota - Twin Cities Campus

Every contract with a union should be reviewed by an attorney with real niche specialization in labor law issues - this is not an area for a corporate generalist, in my opinion. It will certainly add expense to your due diligence, but some of the pitfalls are not just business breakers, but owner breakers, and you need to be able to wrap your head around them.

1 year ago | like reply | 0 likes

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