Acquisitions

Acquisitions

Acquisitions

Succession Solutions

Succession Solutions will focus on Acquisitions: With this effort, the BBA aims to identify, evaluate, and facilitate the acquisition of companies owned by Baby Boomers without succession plans as well as viable companies considering an exit from the Memphis market. 

 The goal is to accelerate MWBE wealth creation by matchmaking and connecting these owners with Black entrepreneurs (men and women), Black-owned companies and ambitious, business-minded managers willing and able to step into ownership roles. 

 Our Succession Solutions approach brings together and collaborates with former business owners, job training programs, community development organizations, banking partners, faith-based partners, and labor organizations that are uniquely positioned to identify target sectors and facilitate successful opportunities and transitions.