Amid significant changes to its industry landscape, a leading distributor of home and garden products – and an employee-owned company – faced the daunting challenge of adapting its strategy and planning for a sustainable future. Many of the company’s senior leaders were approaching retirement age, and no clear successor leadership had been identified. Then, after …
[Read more] about The Changing Landscape of a Mature ESOP Company
From representing the trustee in the ESOP’s original acquisition of stock in 2017, through three years of subsequent valuation engagements, and ultimately advising the trustee in the successful sale of the Company to a strategic buyer in 2020, Acuity was there to help Arborwell through its ESOP journey, from start to finish.
A family owned business with a passion for the artistry, design, quality, and integrity of its products was approached by a public company interested in acquiring the business. How could the Rohl family be assured that the potential buyer would preserve their legacy and high standards? That was the challenge they brought to our team.
Family business owners ready to start the feasibility process for an Employee Stock Ownership Plan came to our team with three key goals. They wanted a fair valuation for the business, a way for certain family members to remain with the company, and the most tax efficient transaction possible by maximizing their net proceeds via an ESOP. Acuity helped they get it all.
A business owner looking to retire wanted to combine a tax advantaged exit strategy with the ability to retain the company’s real property as an ongoing income source. That’s the challenge he brought to Acuity. Our team met it with an Employee Stock Ownership Plan.
Majority shareholders in a California C corporation came to Acuity looking for a sales transaction that was challenged by their own conflicting goals and objectives. They had unsuccessfully brought the company to market two years earlier with those same goals. What did our team do differently? We exceeded their expectations.