Axis Neuromonitoring, a Dallas-based provider of intraoperative neuromonitoring and revenue cycle management services, has transitioned to 100% employee ownership through an Employee Stock Ownership Plan (ESOP), marking a major milestone for the company and its employees.
Lazear Capital Partners (Lazear) served as the exclusive financial advisor on the ESOP transaction, which was structured to preserve Axis Neuromonitoring’s independence while reinforcing its long-term commitment to its people, partners, and patients. The engagement was led by Managing Director and Dallas Market Leader Doug Janowski, with support from Managing Directors Jack Argento and Josh Zeidman.
“Advising Axis Neuromonitoring shows how employee ownership can drive long-term stability, talent retention, and growth in healthcare,” said Janowski. “As a Dallas native, it’s rewarding to help a local company honor each employee’s contribution, strengthen its culture, and continue making a positive impact in the community as an employee-owned healthcare company.”
An ESOP is a retirement plan that gives employees a direct ownership stake in the company, aligning their interests with long-term growth and success. It also reinforces Axis Neuromonitoring’s culture of accountability and collaboration, while positioning the company as a model for employee-owned healthcare organizations.
“Becoming employee-owned reflects our belief that those who build the business should share in its success,” said Joseph Raymond, CEO of Axis Neuromonitoring. “This move strengthens our team, reinforces our mission, and positions Axis for continued growth while staying true to our values and the communities we serve.”
The National Center for Employee Ownership reports continued growth in ESOP adoption among healthcare firms seeking continuity, talent retention, and cultural alignment. With this transition, Axis Neuromonitoring joins a growing group of companies using employee ownership to strengthen independence, invest in employees, and protect the legacy they’ve built.
About Lazear
Lazear is a premier middle-market advisory firm specializing in business ownership transitions nationwide. Headquartered in Columbus, OH, with a growing presence, the firm is dedicated to helping business owners maximize wealth and preserve legacies through customized exit strategies, including ESOPs and 1042, M&A, and capital formation.
To learn more, visit www.lazearcapital.com and follow Lazear on LinkedIn.
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Katherine Koon
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614-502-1411
