As the most common structure for broad-based employee ownership, ESOPs are found in publicly-traded and closely-held companies of every size and across every industry. It is no surprise why this retirement plan has gained popularity among business owners, management, and employees. For shareholders, ESOPs are a valuable liquidity mechanism that minimizes business disruptions compared to other forms of ownership transition. For employees and management, ESOP participation is a reward for years of dedication and hard work as well as an incentive for future business growth. Moreover, the benefits of ESOP ownership can be accomplished in a tax-advantaged manner.
Chartwell is pleased to announce Blackstone has successfully completed a minority equity investment in Salas O’Brien, a leading employee-owned engineering and technical services firm.
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