Where Family Trees Flourish
To help clients grow or transition family businesses, we also offer the services of PNC and its subsidiaries for corporate and institutional banking. Harris Williams provides merger and acquisition advice, and Solebury Capital advises on financing via capital markets. PNC’s ESOP (Employee Stock Ownership Plan) team evaluates the viability of ESOP financing.
M&A Advisory Services
Harris Williams, a subsidiary of PNC, is a global investment bank specializing in M&A advisory services with expertise across a broad range of industries. The firm advocates for sellers and buyers of companies worldwide and provides thoughtful advice during the lives of their businesses. By collaborating as one firm across Industry Groups and geographies, the firm helps its clients achieve outcomes that support their objectives and strategically create value.
Maximizing Value through the Capital Markets
PNC subsidiary Solebury Capital offers independent equity capital market advice and transaction management services. For business owners who wish to raise funds through the capital markets, including initial public offerings, Solebury Capital provides information and insight that allow its clients to make more fully informed decisions at all points in the underwriting process. Formed in 2005, Solebury Capital has since become one of the most active equity capital markets advisory platforms in North America, engaged in over 300 transactions for the world’s leading financial sponsors.
Alternative Financing for Stock Purchases
For many family businesses, an Employee Stock Ownership Plan (ESOP) can be a powerful transition tool and a long term platform for securing growth financing. ESOPs, which combine corporate finance with employee benefits, have risen in popularity because they can provide tax benefits to companies and their shareholders, generate stable cash flow and may boost employee morale and loyalty. Hawthorn can introduce family businesses to PNC’s ESOP team, who will evaluate the viability of ESOP financing for that particular business. PNC’s team offers personalized attention and unique relationship-focused insights to help ensure that business owners and their employees enjoy the most desirable results from a stock ownership plan. Through the combination of Hawthorn’s personalized attention and PNC's broad array of business planning services, we can help your family business fulfill its proper role in your family’s legacy.