News
-
We have written before about how common it is for previously family-owned businesses to become ESOP-owned. Of course, it is also not uncommon for a business to be BOTH family-owned AND ESOP-owned (i.e., the ESOP owns only a part of the company). Read More About Georgia Theater Company: Family-Owned to ESOP-Owned
-
The CEO of Bowling Green, Kentucky-based Houchens Industries announced his retirement this month. Houchens is an “ESOP holding company” which has 40 businesses and 16,000 employee owners and total annual revenue of more than $3 billion. Read More About ESOP Holding Companies as a Diversification Strategy
-
Another Iowa Company Sells to an ESOP
Jan 9, 2020 | Timothy L. StewartBergen Plumbing, Heating and Cooling became 100% ESOP-owned as of the end of 2019. Read More About Another Iowa Company Sells to an ESOP
-
What Do You Do When Capital Eats Labor Alive?
Oct 29, 2019 | Timothy L. StewartNathan Schneider recently penned a manifesto about the history and merits of employee ownership in a capitalistic society. This piece examines the roots of the ESOP, dating back to Louis Kelso, who referred to himself as the “capitalist of tomorrow Read More About What Do You Do When Capital Eats Labor Alive?
-
This year, the state of Nebraska joined the states that do allow at least a portion of a CPA firm to be owned by an ESOP trust. Read More About Nebraska Passes Law Allowing CPA Firms to be ESOPs