VFTM Ep. 123 - Selling a Third-Generation Family Business: An Owner’s Perspective

This podcast features Tom Stevenson, the former owner of Hub Equipment, a GTA-based heavy equipment rental company. Tom discusses the experience of selling the business, which was founded by his grandfather in###-###-#### He and I focus on the importance of finding a strategic partner that shared Hub’s values and offered growth opportunities for key employees, while retaining Hub’s historic brand. Tom also reflects on the more personal aspects of the process that led to the sale to Cooper Equipment and on the positive experience of staying on with the company post-sale.

Listen and subscribe here: https://bit.ly/4fBICMb