INDUSTRY | Operations Lessons from CE Pro 100 Integrator's OWNERSHIP TRANSITION PLAN It's never easy taking steps to sell or exit the business. Read why Max Angst of Southern Californiabased MAXSYSTEMS set up 7-year ownership transition with his director of operations. By Jason Knott, photography by Rafael Ortega WHAT'S THE RIGHT way to sell your Max Angst (left) notes how lucky he is to be able to sell his company to someone already on his team in Mark Newsome. He jokes, " Mark is more knowledgeable about the products than I am. He is also young, tall and thin ... which I am not. " custom installation company? Max Angst of MAXSYSTEMS thinks he's found it. After 36 years of operating his successful company in Van Nuys, Calif., Angst is transitioning the ownership of his CE Pro 100 business to his director of operations for the past seven years, Mark Newsome. " Mark has wanted to own the business for many years, and it seems like the right time, " says Angst. " It is a good opportunity for him; it is a good opportunity for me. It's a way to make sure the company continues on without any hiccups ... it 36 | CE Pro May 2022 cepro.comhttp://www.cepro.com