SES ESOP Strategies

The leadership of M-7 Technologies, a highly regarded provider of #manufacturing and engineering services to #industrial markets, sought a #businesstransition plan that would reward the dedication of employees, sustain long-term growth and allow the company to remain independent, all while enabling a favorable #exitstrategy for key leadership. The SES ESOP Strategies team identified an #employeestockownershipplan (ESOP) as a natural fit for these goals and assisted with transitioning the company to 100% #ESOP ownership. Read more here: https://lnkd.in/e6Jj-P3A

We're thrilled to welcome Rob Brown to the SES team! He is an authority on #employeestockownershipplan (#ESOP) related issues and a deeply experienced advisor who focuses on guiding corporations, selling shareholders, employees and ESOP trustees through the intricate legal landscapes of tax, corporate finance law and employee benefits that govern ESOPs. Click below to read more on his background.

We’re proud to continue teaming up with Apis & Heritage Capital Partners in our shared goal of achieving #employeestockownership (#ESOP) transformations that diversify #wealthbuilding. Our recent collaborative ESOP transactions put the future growth of an Oregon-based plant nursery and a Denver-based construction company into the hands of their minority and low-income employees, allowing these workforces to directly share in the financial security and benefits of their hard work.

Heading to The National Center for Employee Ownership (NCEO) Annual #EmployeeOwnership Conference next week? Our own James Steiker joins the panel “Internal & External Trustee Duties & Responsibilities: Legal Administration, and Valuation” to demystify a range of intricacies surrounding the #ESOP plan and its administration, while Steven Greenapple will provide insights on managing and contributing to the success of an ESOP-owned company during his panel “ESOP Leadership Dynamics: Exploring the Evolution of Directors' and Executive Officers' Roles in Ownership”. Click below for registration and event details.

Senior Vice President Ted Lentz was a private business owner for 15 years before joining the SES ESOP Strategies team. In his experience exploring #businesstransition and #businesssuccession strategies, he emphasizes the unique benefits of an employee stock ownership plan (#ESOP) that can reward owners, employees and the #familybusiness at large. Click below to view the video. 

What are the steps in establishing an #ESOP? SES President and CEO Edward Renenger explains the three-part process of raising financing, designing the ESOP #benefitplan for #employeeowners and negotiating key transaction terms. With strategic guidance from the SES team, all three processes happen on the same day so that the ESOP is created and its #employeebenefits begin without delay. Click below to watch the video:

Edward Renenger joins a lively panel discussion exploring the key features of an #employeestockownershipplan (#ESOP) and its implementation at the Union League of Liberty Hill on Thursday, April 4. To register, please contact Ed directly. 

When #employeeowned Cryomech, a leading designer and #manufacturer of cryogenic refrigeration equipment, was offered an #acquisition opportunity by a well-regarded industry manufacturer, company leadership engaged the SES team to provide strategic guidance and negotiation for the transaction. The results were mutually beneficial: Cryomech maintained oversight of its operations, its employees benefitted form an attractive #liquidityevent and the acquiring business secured a key source of best-in-class equipment.

During this virtual #CLE event, Sean-Tamba Matthew joins panelists to explore the emotional and practical challenges many owners encounter when contemplating #exitstrategies , including strategic #sales, the implementation of employee stock ownership plans (#ESOPs), and familial gifting. For more details or to register: https://lnkd.in/ewh_YzWj

In 2023, we grew the SES ESOP Strategies team and expanded our service coverage as we helped clients achieve their #ESOP goals. Our new colleagues grew our business presence in Boston and deepened our capabilities in providing bespoke #employeeownership transition plans and implementation strategies across a growing range of states and industries. Congratulations to our clients who are fulfilling their ESOP goals and thank you for selecting us as your advisors!