The Latest News
Lazear Capital Partners (LCP), a leading middle market investment bank and M&A advisory firm, is pleased to announce the successful acquisition of one of its clients, Wimsatt Building Materials (Wimsatt) by SRS Distribution, Inc (SRS).
Premier software development agency forms Employee Stock Ownership Plan
Test Double is pleased to announce the sale of 100% of the Company to an Employee Stock Ownership (ESOP) Trust. Test Double, Inc. is a consultancy that helps businesses rapidly build & enhance software systems while promoting improvements to collaboration, operations, and quality.
Pro-Mark Services Sells to ESOP
Lazear Capital is pleased to announce another successful ESOP formation transaction for Pro-Mark Services. Lazear Capital recently acted as the exclusive financial advisor for Pro-Mark Services, Inc., facilitating the sale of the company in a 100% ESOP transaction. An ESOP, or employee stock ownership plan, is an employee benefit plan that transitions company ownership to the employees while providing financial flexibility and maximal tax advantages for the seller.
Northern Tree Services forms Employee Stock Ownership Plan
Northern Tree Services Inc., a Palmer, MA-based company, recently completed a transaction to become 100% employee-owned through a newly created Employee Stock Ownership Plan (ESOP).
GreenScapes Landscape Co sells to an ESOP
GreenScapes Landscape Company, Inc. a premier design and build landscape contracting company located in Columbus, Ohio is pleased to announce the sale of 100% of the Company to an Employee Stock Ownership (ESOP) Trust.
Weaver Homes & Weaver Commercial Contractor sells to ESOP
Founded in 1955, Weaver Custom Homes and Weaver Commercial Contractor manage the construction of residential homes and commercial buildings, respectively. Both companies differentiate from traditional general contractors by providing "design-build" services, which entails managing the entire process from the earliest design phase through to completion.