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ESOP Participation Up 8% in Past Decade as DOL Expands Employee Ownership Push
ESOP Participation Up 8% in Past Decade as DOL Expands Employee Ownership Push

Department of Labor report shows rising Employee Stock Ownership Plan participation, worker ownership growth

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Bob MassengillJuly 23, 2026
Applied Behavioral Analysis Services Provider Becomes 100% Employee Owned
Applied Behavioral Analysis Services Provider Becomes 100% Employee Owned

“This is about protecting who we are," said Jonathan Timm, North Arrow's Founder. "Our employees are the heart of this organization.”

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Bob MassengillJuly 7, 2026
$15M HVAC firm finds a buyer — inside the company
$15M HVAC firm finds a buyer — inside the company

Going from solo ownership to being an employee-owned business has some cool benefits for air conditioning company Sunset Air,

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Bob MassengillJuly 6, 2026
Watertown manufacturer Fisher Barton sold into ESOP
Watertown manufacturer Fisher Barton sold into ESOP

“We all decided it was far better to retain the customer culture by going with an employee stock ownership program,” said Scott Hoffman, chief executive officer of Fisher Barton.

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Bob MassengillJune 24, 2026
Keena Healthcare Technology Transitions to Employee Ownership Through ESOP
Keena Healthcare Technology Transitions to Employee Ownership Through ESOP

Founders Steve Buttitta and Craig Luce transfer full company ownership to employees, marking a milestone in Keena's 20-year legacy of healthcare IT innovation

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Bob MassengillJune 17, 2026
Branco Enterprises Announces Transition to Employee Ownership
Branco Enterprises Announces Transition to Employee Ownership

This is about building on our legacy and creating an opportunity for our employees to share in something they helped build.

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Bob MassengillJune 5, 2026
Okland Construction expands ownership to employees while remaining family-led
Okland Construction expands ownership to employees while remaining family-led

Century-old builder enters next chapter by sharing long-term success with its people.

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Bob MassengillMay 13, 2026
Aronowitz Outlines ESOP-Friendly Agenda, Focus on Loyalty Breaches
Aronowitz Outlines ESOP-Friendly Agenda, Focus on Loyalty Breaches

Daniel Aronowitz, the head of the Employee Benefits Security Administration (EBSA), announced that EBSA will be focusing its enforcement efforts on the duty of loyalty, including ESG and DEI; and will be more supportive of ESOP creation than previous administrations.

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Bob MassengillMay 12, 2026
Jasper Holdings, Inc. announces record ESOP share value for 2025
Jasper Holdings, Inc. announces record ESOP share value for 2025

Wealth building at Jasper Holdings continues with its ESOP value nearly $2.2 billion

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Bob MassengillMay 6, 2026
Maine Drilling & Blasting Marks 60 Years of Growth and 22 Years of Employee Ownership
Maine Drilling & Blasting Marks 60 Years of Growth and 22 Years of Employee Ownership

Maine Drilling & Blasting (MD&B), a leading provider of drilling and blasting services, is celebrating its 60th anniversary and its 22nd as an Employee Owned Company.

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Bob MassengillMay 6, 2026
Wawa Has 1,200 Stores, 1 Billion Customers, and Millionaire Cashiers.
Wawa Has 1,200 Stores, 1 Billion Customers, and Millionaire Cashiers.

Its ESOP Ownership Model Is Why.

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Bob MassengillApril 20, 2026
DOL Moves to Ease ESOP Scrutiny, Citing Fairness Concerns
DOL Moves to Ease ESOP Scrutiny, Citing Fairness Concerns

The Employee Benefits Security Administration (EBSA), under Assistant Secretary Daniel Aronowitz, will be shifting enforcement focus away from Employee Stock Ownership Plan (ESOP) valuation investigations.

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Bob MassengillApril 17, 2026
Judge Rules Releveraging an ESOP Is Not a Fiduciary Violation
Judge Rules Releveraging an ESOP Is Not a Fiduciary Violation

Important Court Ruling in Favor of Managing ESOP Share Repurchase Obligations

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Bob MassengillApril 4, 2026
House Committee Advances ERISA Litigation Reform
House Committee Advances ERISA Litigation Reform

ERISA litigation reform in the works.

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Bob MassengillApril 3, 2026
ESOP-Owned DCS Corporation Acquires ARCTOS, LLC
ESOP-Owned DCS Corporation Acquires ARCTOS, LLC

Acquisition brings together two companies with decades of success delivering innovative solutions to the aerospace and defense science and technology sector.

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Bob MassengillMarch 22, 2026
BOWA Expands Employee Ownership, Adopts Benefit Corporation Status
BOWA Expands Employee Ownership, Adopts Benefit Corporation Status

BOWA formalizes its culture of ownership, and aligns its governance structure with a broader commitment to employees, clients, partners, community, and the environment by going ESOP

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Bob MassengillMarch 5, 2026
The federal government is encouraging employers to adopt worker cooperatives and ESOPs
The federal government is encouraging employers to adopt worker cooperatives and ESOPs

There was an 8% increase in workers participating in ESOPs over the past decade, but the Department of Labor wants that number to grow more.

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Bob MassengillMarch 3, 2026
Western Specialty Contractors is proud to announce its transition to an Employee Stock Ownership Plan
Western Specialty Contractors is proud to announce its transition to an Employee Stock Ownership Plan

“Our employees are the foundation of Western Specialty Contractors’ success”

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Bob MassengillFebruary 18, 2026
Luana Hospitality Group Becomes Employee-Owned Through ESOP
Luana Hospitality Group Becomes Employee-Owned Through ESOP

Hawaiian Restaurant Group Becomes ESOP owned

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Bob MassengillFebruary 16, 2026
H&H Sheet Metal moves to employee ownership
H&H Sheet Metal moves to employee ownership

Company recently announced the company was transitioning to an employee ownership structure

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Bob MassengillFebruary 12, 2026
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