Keeping the Family Business in the Family
Five strategies to preserve your family business for future generations.
A Message from Mike O'Grady
Why Northern Trust
At Northern Trust, we have a commercial banking and wealth management practice solely focused on serving beer distributor clients. This means bringing creative loan and wealth management solutions, strong credit appetite, strategic advice and our best‐in‐class client service standards to the middle tier.
Beverage Expertise
- Experience with all major transaction types: brand purchases, acquisitions/mergers, warehouse strategies, ownership buyouts, large distributions, etc.
- Proprietary, data‐driven tools to help you evaluate business decisions: financial benchmarking, brand and company valuation trends, major brand distribution maps, debt capacity analysis
- Up to date on trends, challenges and opportunities that face the beer industry
Commercial Banking
- Strong and stable balance sheet to fund opportunities
- Comprehensive understanding of distribution right values, industry‐specific metrics, and state and federal regulations inform our credit decisions and loan structures
Wealth Management
- 130+ years of experience advising families and businesses
- We offer integrated wealth management strategies that address your entire financial plan
Tailored Insights
Family Business: The Keep or Sell Decision
Answering a series of key questions can help business owners move forward with confidence.
5 Components of a Successful Succession Plan
Help your business thrive through a succession plan.
Meet the Team
Paul Theiss
Senior Managing Director, Commercial Banking
Paul serves as the Senior Managing Director of our Commercial Banking Group serving privately held and not-for-profit clients. He formerly served as Executive Sponsor of the National Private Equity Advisory Services Group and Northern Trust Corporation's Senior Credit Committee.
Adam Kerbis
Senior Vice President, Beverage Specialty
Adam is a Senior Vice President in the Commercial Banking Group, based in Chicago. He leads the beverage specialty segment for Commercial Banking and Wealth Management, serving privately-held businesses in the beer distribution, wine and spirits distribution, and soft drink bottling industries.