Lazear Capital Partners (Lazear), a leading investment bank specializing in business ownership transitions, served as exclusive advisor to Interconnect, Inc. (Interconnect) in its transition to an Employee Stock Ownership Plan (ESOP).
Based in Scottsdale, Arizona, Interconnect is a technical services provider known for its on-site internet and infrastructure support to major cable and broadband providers.
The transaction adds to Lazear’s growing ESOP advisory portfolio, supporting business owners with thoughtful succession strategies that position their companies and employees for long-term success.
“This is a company that has built a strong foundation through the hard work and dedication of its team, and I’m excited to see them benefit from the future they’ve helped create,” said Abran Villegas, Managing Director and Phoenix market leader at Lazear. “Arizona is home to over 100 ESOPs, with businesses increasingly recognizing the power of employee ownership.”
Villegas led the transaction alongside Troy Starr and Megan Ellis, guiding the company through a tailored succession strategy that aligns long-term business and personal goals.
Founded in 2006 by David Ginsburg, Interconnect has earned its reputation through hands-on technical expertise and long-term service contracts with major industry providers. The ESOP transaction will ensure the company’s continued success while offering its employees the opportunity to participate in the future growth of the business.
David shared, “This decision is about securing a legacy for the team that helped build Interconnect and recognizing their role in its future. Transitioning to an ESOP allows the company to grow while giving everyone a shared sense of ownership and responsibility for what lies ahead.”
Research consistently shows that employee-owned companies often outperform peers and provide stronger retirement benefits. For Interconnect, this transition positions the team for continued growth and success.
About Lazear
Founded in 1999 and headquartered in Columbus, OH, with a nationwide presence, Lazear is a premier middle-market advisory firm specializing in business ownership transitions through ESOPs, M&A, and capital formation. By providing tailored exit strategies and a proprietary 1042 tax solution, Lazear helps business owners maximize wealth and preserve their legacy.
To learn more, visit www.lazearcapital.com and follow Lazear on LinkedIn.
Media Contact
Katherine Koon
Marketing Director
kk@lazearcapital.com
614-502-1411
