Lazear Capital Partners (Lazear) served as the exclusive sell-side advisor to TechSource, Inc. in its sale to fellow employee-owned firm Salas O’Brien.
The transaction was led by M&A Managing Director Joe Laroche and built on Lazear’s earlier advisory role in TechSource’s transition to an Employee Stock Ownership Plan (ESOP), led by Managing Directors Doug Janowski and Josh Zeidman. Advising both transactions reflects Lazear’s focus on sell-side advisory and its ability to support clients across the ownership lifecycle.
“Employee ownership was not just a structural detail in this process—it was a differentiator,” said Laroche. “TechSource’s employee-owned culture strengthened its positioning in the market and played a meaningful role in identifying a buyer that shared its values, long-term mindset, and commitment to people. That alignment mattered in finding the right partner and achieving the right outcome.”
Janowski added, “TechSource’s story reflects what is possible when ownership planning is intentional and when companies are advised with both foresight and flexibility.”
The transaction brings together TechSource’s scientific and technical expertise, backed by a team of over 500 scientists and engineers, with Salas O’Brien’s engineering leadership, amplifying the delivery of robust, innovative services and solutions to address complex challenges. Collectively, the powerhouse team is poised to advance federal government national security programs, drive modernization efforts, and accelerate clean energy for mission-critical sectors.
President and CEO of TechSource, Jeffrey Giangiuli, shared, “For decades, clients have trusted TechSource to deliver excellence on their most critical missions. This merger deepens our commitment by uniting TechSource’s depth of expertise with Salas O’Brien’s engineering scale, allowing us to deliver innovative solutions and support that empowers clients to achieve mission delivery with confidence.
Lazear is a trusted sell-side advocate and advisor, guiding middle-market businesses across diverse industries through ESOP and M&A transactions. By aligning strategy, values, and long-term objectives, Lazear helps clients navigate complex decisions and achieve successful outcomes.
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.
Media Contact
Katherine Koon
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kk@lazearcapital.com
614-502-1411
