Entech Engineering, Inc., is an engineering, consulting and architecture firm with 100 employees and 6 offices throughout Pennsylvania.
With a major ownership transition on the horizon, Entech needed to develop a succession plan that would preserve its financial viability well into the future. RKL has diligently served Entech’s tax, assurance and annual valuation needs for more than two decades. Now, Entech tapped RKL’s specialized consulting expertise to write the next chapter.
The RKL Approach:
Thanks to the longstanding relationship between RKL and Entech, our team had a thorough understanding of its leadership’s goals and vision. RKL consultants undertook a thorough due diligence process.
After completing key employee interviews, cash flow models, stock purchase and redemption program adjustments, financial projections and shareholder agreement reviews, the RKL team amassed a wealth of information and insights into Entech’s human capital and financial position. This formed a solid foundation upon which RKL constructed a growth-oriented plan to help Entech transition ownership smoothly.
The succession planning process confirmed RKL’s evolution from Entech’s compliance-focused practitioner to its trusted, strategic advisor. As Entech starts its next chapter, RKL remains focused on how to help make it a prosperous one.