CE Pro May 2022 - 36

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
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CE Pro May 2022

Table of Contents for the Digital Edition of CE Pro May 2022

CE Pro May 2022 - PresentationPage
CE Pro May 2022 - Cover1
CE Pro May 2022 - Cover2
CE Pro May 2022 - 1
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CE Pro May 2022 - Cover3
CE Pro May 2022 - Cover4
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