SES ESOP Strategies

Growing across four generations of of leadership to become a national supplier of gasket solutions, Stockwell Elastomerics sought a #businesstransition plan that would strengthen the company’s employee-centered culture, provide future growth rewards to its employees and sustain long-term #businessgrowth as an independent company. Expanding their minority #employeestockownershipplan (ESOP) to 100% #ESOP ownership emerged as the optimal path to meet these goals: https://lnkd.in/gFbFP_Ka

Fitzgerald Tile -- a long-time regional supplier of flooring tiles across New England -- sought a #businesstransition plan that would provide future growth rewards to its employees, sustain expansion in key markets and allow for an ownership #exitstrategy and liquidity event for key stakeholders. After thorough analysis, a 100% employee stock ownership plan (#ESOP) became the clear objective: https://lnkd.in/eZickZNs

We're proud to support The ESOP Association's 2024 Employee Owned Conference -- the largest #ESOP event in the world -- held in Las Vegas from Nov. 13-15. With our own James Steiker, Mark Russell, Rob Brown, Ken Wanko, Sean-Tamba Matthew and Vincent Capone in attendance, don't hesitate to reach out and connect. We're looking forward to a fantastic event: https://lnkd.in/gCa8_utS

4C Holdings, Inc. (4CH) is the parent company that oversees four operating subsidiaries. 4CH, prior to its consolidation, sought a business transition plan that would combine four operating companies into a single holding company structure that included broadscale employee ownership. In particular, business leadership wanted to reward the commitment of its professionals and further incentivize their high-quality service delivery through company equity. Creating a holding company with a 100% ESOP ownership plan emerged as the natural path forward.  Read more: https://lnkd.in/e-bRNqDe

MCG Utilities, Inc. leadership sought a business transition plan that would provide business equity and future growth rewards to its employees, sustain long-term growth and create liquidity for its shareholders, all while maintaining the independence and customer-focused legacy of the company. A 100% employee stock ownership plan (ESOP) emerged as the ideal fit for these goals. Read more: https://lnkd.in/etUsj6-t #esop #employeeownership

Edward Renenger is presenting on "The Myth of Unaffordable Repurchase Obligations" and Sean-Tamba Matthew is presenting on "Valuation Considerations in Acquistions" at the 2024 The National Center for Employee Ownership (NCEO) Fall Forum in Indianapolis, IN, on Sept. 18-20. Ed's panel explores the myth that companies become so successful that they cannot “afford” their repurchase obligations , and Sean's panel will discuss the acquisition strategy and process of an #ESOP-owned company. Read more about the panels and program agenda: https://lnkd.in/eBK7CUJE

In this video, SES ESOP Strategies' President and CEO Edward Renenger explores the key factors to consider when determining if an ESOP is a good fit for your business. Learn what makes a strong ESOP candidate and how it can benefit both employees and employers. Watch now to find out if a employee ownership is the right decision for your company! Watch here: https://lnkd.in/ePUQDDp2

If you'd like to take a deep dive into how employee stock ownership plans (ESOPs) can be used as a business exit strategy, our Head of Finance Mark Russell provides a thorough introduction in a webinar for the Exit Planning Institute. Mark covers all the basics and beyond of ESOPs for business owners seeking a succession plan with numerous benefits to the company, the seller and the employees. Watch here: https://lnkd.in/edX4dxrN

We’re excited to welcome Ethan Stambler to the SES team! He advises company owners, founders, management teams and other stakeholders with #employeestockownershipplan (#ESOP) approaches and #businesstransitions. His insights are backed by more than two decades of experience helping to lead and implement financial, operational and business growth strategies across diverse sectors. Read more: https://lnkd.in/etNFtB9h Welcome to the team!

An ESOP doesn’t mean you’ll lose control of your company or have to divulge all financial information to your colleagues. And your employees won’t need money to buy company stock, and can diversify their retirement savings beyond the ESOP. Although ESOPs have significant benefits for employers and employees alike, many business owners don’t consider employee ownership because they believe one or more common ESOP myths and misconceptions. We outline eight of these myths, debunking them one-by-one. https://lnkd.in/erwEFAM4