The owner currently chairs the board but plays no day-to-day role in the business and has effectively retired to pursue other business interests. He retains ownership of his primary business asset which continues to increase in value, providing a steady passive revenue stream via dividend distribution. He remains open to an exit via a trade sale, but is in no rush and would be happy to hold his position indefinitely. Michael McGrath, CEO of Oasis M&A continues to advise our client as a member of the board.