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ESOPs grow through acquisition: Mead Lumber acquired OHC Supply and Gutherie's Ace Hardware, “Mead Lumber [a 100% Employee Owned company] stood out as the right partner because of their commitment to their employees and the communities they serve,” said VanSant. “As an employee-owned company with a strong reputation for supporting pro customers, they are well-positioned to carry these businesses forward while taking care of the people who make them successful.” building-products.com/mead-acquires-… #ESOP #EmployeeOwnership

Ables Inc., transitions to employee ownership via an ESOP.  Russ Ables explained that choosing to transition to an ESOP felt right.  "This change ensures that the men and women who built this company alongside me aren't just employees; they're owners," he said. "I didn't want to sell to an outside outfit that doesn't know our community; I wanted to leave the keys with the people who earned them." zanesvilletimesrecorder.com/story/news/loc… #ESOP #EmployeeOwnership

Shared Success Exploring Indiana’s Growing ESOP Movement: buildingindiana.com/stories/shared… #simplesharebuttons #EmployeeOwnership

William Sword Ltd, transitions to employee ownership via an EOT.  Douglas Sword said he felt it was the right time for the family to step back.  He added: The idea of a trade sale - which might ultimately have led to distant owners and jobs being put at risk - didn't interest us.  "We wanted to give something back to the people who have worked so hard for us. Transitioning to an EOT allows us to do exactly that - our customers also benefit from the continuity of supply." bbc.com/news/articles/… #EOT #EmployeeOwnership

ESOPs: A Strategic Succession Path for Senior Housing & Health Care Owners - prairiecap.com/article/esops-… #ESOP #EmployeeOwnership

RTC North, transitions to employee ownership via an EOT.  Jamie Ollivere, Chief Executive of RTC North, said:  “Employee ownership is the natural next step for RTC North and for the communities we serve. Our people have always been at the heart of what we do – supporting businesses to innovate, compete and grow. This structure safeguards our values, strengthens our future, and ensures the benefits of our success are shared by those who create it.” liverpoolchamber.org.uk/news/2026/04/r… #EOT #EmployeeOwnership

Be Modern Holdings Ltd, transitions to employee ownership via an EOT.  This transition places the future of the organisation firmly in the hands of the people who contribute to its success every day. The company says the move reflects Be Modern’s commitment to 'preserving its core values, strengthening its culture, and securing long-term stability for employees, customers, and partners. kbbfocus.com/news/5961-be-m… #EOT #EmployeeOwnership

Green Mechanical Construction, transitions to employee ownership via an ESOP.  “This decision reflects a deliberate approach to preserving Green Mechanical’s culture, maintaining continuity in leadership, and positioning the company for sustained growth,” said Wes Simpson, President & CEO of GMCI. wbko.com/2026/03/30/gla… #ESOP #EmployeeOwnership

Autoclenz, transitions to employee ownership via an EOT.  Martin Peters, managing director, said: “The move to employee ownership provides a strong platform for future growth, aligning our people with the long-term success of the business. It creates the right environment to build on our existing strengths, expand our capabilities and continue delivering high-quality service to our customers. thebusinessdesk.com/eastmidlands/n… #EOT #EmployeeOwnership

California - SB1174 introduced by Senator Valladares (R-23) Expanding Worker Ownership and Wealth Creation by providing department of transportation bid preferences to employee stock ownership plans. leginfo.legislature.ca.gov/faces/billText… #ESOP #EmployeeOwnership

Progressive Components transitions to employee ownership via an ESOP.  “Employee ownership aligns everyone around long-term growth and performance,” said Chief Operating Officer Peter Friddle. “I am confident that this structure, along with deliberate, well-executed succession planning, will allow Progressive to operate with strength long into the future." plasticstoday.com/workforce-trai… #ESOP #EmployeeOwnership

Some cried. Others were speechless. How front-line workers walked away with checks averaging $240,000, nearly equal Wall Street bonuses, when KKR sold their company fortune.com/2026/03/29/kkr… #EmployeeOwnership

ESOP 101 Webinar presented by the Southwest Indiana SBDC. youtu.be/9HeDAA3tHMY?si… #ESOP #EmployeeOwnership

Natracare, transitions to employee ownership via an EOT.  EOT ownership keeps the company’s values in the hands of those who live them every day, rather than potential external investors driven by short‑term returns. For Natracare employees, this means: Collective Benefit: employees will collectively share in the company’s long‑term value and achievements, Mission Continuity: the model strengthens Natracare’s purpose, ensuring decisions are grounded in long‑term benefits, not short‑term financial gains, and Empowered Culture: employee ownership strengthens the connection between each person’s work and the brand’s commitment to ethical, sustainable care. pressat.co.uk/releases/natra… #EOT #EmployeeOwnership

Deerfield Ag Services, transitions to employee ownership via an ESOP.  In a letter to customers, the Wallbrowns, the family who founded the company, said the decision was driven by long-term planning and a desire to remain independent.  “At a time when consolidation is common in our industry, we felt led to remain independent, locally focused, and rooted in the communities we serve,” the letter stated. theportager.com/deerfield-ag-s… #ESOP #EmployeeOwnership

Many thanks to Rep. Dusty Johnson (R-SD-At Large) for supporting and cosponsoring H.R.3105 - Promotion and Expansion of Private Employee Ownership Act of 2025. For more information on federal legislation supporting employee ownership: inceo.org/federal-legisl… #employeeOwnership

Why do Owners Choose Employee Ownership? One of the common questions of companies contemplating transition to employee ownership is why? Often this is because, the company wants to: - remain independent, - keep the company and jobs in the community - retain company culture - reward employees who have helped to grow/create the company for more examples on Why do Owners Choose Employee Ownership see: inceo.org/why-do-owners-… #ESOP #EmployeeOwnership

New research from the McKinsey Institute for Economic Mobility shows that over the next decade, roughly six million small business owners in the United States will reach retirement. One million of those own businesses that are viable candidates for sale, together representing as much as $5 trillion in enterprise value.... What will happen to the other 5 million small businesses?forbes.com/sites/shelleys…

Ten Ten Resources, transitions to employee ownership via an EOT.  The move to employee ownership formalises what the founders describe as a long-standing culture of shared responsibility and stewardship, while providing a structure designed to protect the organisation's mission for the long term. indcatholicnews.com/news/54474 #EOT #EmployeeOwnership

Hometown Restyling, transitions to employee ownership via an ESOP.  “Transitioning ownership to our employees protects the culture we have all built and empowers the people who have made our success possible,” Mr. Wageman said. “It ensures we remain locally owned and operated and committed to serving our customers in Eastern Iowa for generations to come.” corridorbusiness.com/hometown-resty… #ESOP #EmployeeOwnership