Construction Business Owner published a feature article by Advisory Director Patrice Radogna and Manager Chad Bell, about the appeal of ESOPs for construction company shareholders.
Construction Business Owner
By Patrice Radogna, Director, Advisory Services & Chad Bell, Manager, Advisory Services
Excerpt:
Owners must carefully consider all exit options in conjunction with the goals and objectives of the individual sellers, the company and future management to ensure success… ESOPs should be strongly considered by contractors as an option that provides liquidity and value, and preserves the heritage, culture and legacy of the company that owners spent years building.