Chartwell is pleased to announce that Chemonics has successfully completed a refinancing of its existing senior debt credit facility. The new facility provides significant financial flexibility and capacity to support new business initiatives and long-term strategic plans.

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Is an ESOP Right for My Business?

TopicESOP

Is an ESOP Right for My Business?

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.


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