Release Date: 

Summit, NJ:  Pilot Hill Advisors LLC is pleased to announce the completion of a 100% ESOP buyout of a New England construction contracting company. The transaction was designed to provide the company's shareholder with a means of transitioning ownership to the company's employees while maintaining management continuity and perpetuating the company's independence. The principals of Pilot Hill Advisors LLC assisted the company in evaluating the feasibility, structuring the ESOP buyout and financing, and negotiating and closing the transaction.