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KieranTimberlake transitions from partnership to 100 percent employee-owned firm
KieranTimberlake transitions from partnership to 100 percent employee-owned firm

One-hundred and twenty-five employees become owners.

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Bob MassengillMarch 4, 2025
Largest US Private Companies with Employee Ownership
Largest US Private Companies with Employee Ownership

Seventeen of the Largest 100 Private Companies Have Employee Ownership

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Bob MassengillMarch 4, 2025
$1 Billion Sale of Employee-Owned Firm Will Lead to Worker Windfalls
$1 Billion Sale of Employee-Owned Firm Will Lead to Worker Windfalls

Some workers invested in the employee stock ownership plan at Vermont Information Processing will receive millions when it's sold to the private equity firm Warburg Pincus.

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Bob MassengillFebruary 20, 2025
TEPCON Construction will transition to employee stock ownership plan
TEPCON Construction will transition to employee stock ownership plan

TEPCON reinforcing the company’s commitment to innovation, excellence, and long-term sustainability via employee ownership. Effective January 1, 2025, TEPCON’s employees are now co-owners, ensuring a future built on shared success and accountability.

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Bob MassengillFebruary 13, 2025
The Challenges, And Benefits, Of Selling To An ESOP
The Challenges, And Benefits, Of Selling To An ESOP

Selling to private equity, when it’s known that the model is to sell the company in five to seven years, didn't make much sense.

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Bob MassengillFebruary 3, 2025
Findorff becomes 100% employee owned with employee stock ownership plan
Findorff becomes 100% employee owned with employee stock ownership plan

The move aims to improve retention, recruitment, and company culture

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Bob MassengillJanuary 29, 2025
Family-owned industry leader announces conversion to employee ownership
Family-owned industry leader announces conversion to employee ownership

Ownership changes but management remains in place

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Bob MassengillJanuary 24, 2025
ESOP Proposal Withdrawn by Trump Administration
ESOP Proposal Withdrawn by Trump Administration

President Donald Trump issued an executive order on Monday that froze all pending proposals from the Biden administration.

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Bob MassengillJanuary 22, 2025
True-Free Greetings transfers ownership to newly-formed ESOP
True-Free Greetings transfers ownership to newly-formed ESOP

Keene greeting cards business becomes employee-owned

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Bob MassengillJanuary 21, 2025
Proposed Rule to Help Fiduciaries Properly Value Employer Stock in ESOPs
Proposed Rule to Help Fiduciaries Properly Value Employer Stock in ESOPs

DOL proposed regulation provides guidance for fiduciaries to ensure employer stock bought, sold by employer stock ownership plans is at fair market value

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Bob MassengillJanuary 20, 2025
New Era at Benchmark Group
New Era at Benchmark Group

A&E Firm Announces Employee Stock Ownership Plan

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Bob MassengillJanuary 16, 2025
TynanGroup Becomes 100 Percent Employee Owned
TynanGroup Becomes 100 Percent Employee Owned

Real estate project management firm embraces broad based employee-ownership

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Bob MassengillJanuary 16, 2025
Arizona-based Stewart Transport switches to employee ownership
Arizona-based Stewart Transport switches to employee ownership

Family-owned, asset based trucking company specializing in refrigerated and custom freight provides dedicated services to the lower 48 states.

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Bob MassengillJanuary 15, 2025
Main Street Homes: A Central Virginia Top Homebuilder for 25+ Years Transitions to 100% Employee Ownership
Main Street Homes: A Central Virginia Top Homebuilder for 25+ Years Transitions to 100% Employee Ownership

Virginia home builder expands ownership to its employees

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Bob MassengillJanuary 13, 2025
Invariant Corporation transitions to 100% ESOP ownership
Invariant Corporation transitions to 100% ESOP ownership

Huntsville-based defense contractor, Invariant Corporation, is proud to announce its transition to a 100% Employee Stock Ownership Plan, or ESOP.

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Bob MassengillJanuary 9, 2025
Architecture firm Dekker to allow employees to share ownership
Architecture firm Dekker to allow employees to share ownership

Designing their own future, Dekker becomes employee owned.

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Bob MassengillDecember 30, 2024
Corovan Becomes Employee-Owned, Reinforces Commitment to Excellence and Social Responsibility
Corovan Becomes Employee-Owned, Reinforces Commitment to Excellence and Social Responsibility

Corovan Secures Its Future as an ESOP Company

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Bob MassengillDecember 12, 2024
Oliver’s Market Now 100% Employee Owned
Oliver’s Market Now 100% Employee Owned

Move aims to preserve local grocer’s independence

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Bob MassengillNovember 21, 2024
Engineers Construction Inc transitions to 100% Employee Ownership through ESOP
Engineers Construction Inc transitions to 100% Employee Ownership through ESOP

Heavy civil construction company, ECI becomes Vermont’s newest ESOP

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Bob MassengillNovember 8, 2024
Chandler, AZ company becomes employee-owned
Chandler, AZ company becomes employee-owned

Kovach Enclosure Systems of Chandler unveiled its transition Nov. 7 into an employee-owned company

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Bob MassengillNovember 7, 2024
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