May 1, 2023
Advisory Partner Patrice Radogna and Advisory Manager Chad Bell co-authored an article on the advantages of ESOPs for construction companies amid market uncertainty, for Construction Business Owner
Construction Business Owner
By Patrice Radogna, Partner, Advisory Services & Chad Bell, Manager, Advisory Services
Excerpt:
With persistent labor challenges and rising material costs challenging the industry, coupled with a reduction in deal activity and escalating interest rates, ESOPs are an effective tool to create liquidity in a market that is becoming more risk averse.