ColeTek, Inc. Succession Planning

ColeTek offers us a unique look into the evolving relationship between two generation and the difficulties that come with succession, control, ownership and successfully passing the torch. The volatile relationship between ColeTek's aging founder, Alan Cole, and his two sons, Paul and Brian is at the essence of this case. Alan Cole is now faced with a life changing decision, sell the company to an interested buyer; hire new management to run the company, or try to establish a viable way to bring his two sons back to ColeTek.…