PricewaterhouseCoopers’ specialists representing twenty five countries around the world, gather in Dublin today to develop new and innovative ways to help private companies and the entrepreneurs behind them plan for growth and succession.
Speaking at the event at One Spencer Dock, Paul Hennessy, Partner, PricewaterhouseCoopers Ireland said:
“The increase in accumulated wealth over recent years has meant that the cost of transferring the business and associated wealth to the next generation is now a significant issue for private companies with even relatively modest levels of accumulated wealth. It is therefore very important to plan and manage that transfer so that both relationships and assets are protected and opportunities are optimised. This requires the development and implementation of innovative strategies.
Allan Watson Global Leader of PwC’s Private Companies Services Practice commented:
“I am delighted that we have representatives from twenty five countries all around the world in Dublin for what is a very important meeting for us. This is another great opportunity for our network of private company specialists to work together to explore and develop new planning strategies and wealth management techniques. This will allow us to continue to help the owners of private companies to deal with critical issues like succession, governance, internationalisation and to enhance the wealth that they have generated from their business".
