ESOP Case Studies

Ownership Transition of Large Distribution Company by Herbert Kalman at GBH CPAs, PC
Posted on Jun 19, 2017

The Problem

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PET FOOD MANUFACTURER - Midwest by Daniel Zugell at Business Transition Advisors
Posted on Aug 30, 2016

BACKGROUND

  • Pet food component manufacturer
  • Busin ... [continue]
CONSTRUCTION COMPANY In the Northeast by Daniel Zugell at Business Transition Advisors
Posted on Aug 30, 2016

BACKGROUND

  • Work includes highway and bridge construction, overl ... [continue]
Re-Balancing an ESOP by Jackie Salmon at OneAmerica Companies
Posted on Jul 15, 2015

A long-standing OneAmerica ESOP client wanted to add rebalancing to their ESOP.  Rebalancing is a technique used in ESOPs that have both st ... [continue]

ESOP has a 404 deduction issue by Jackie Salmon at OneAmerica Companies
Posted on Jul 15, 2015

OneAmerica was involved in a finalist presentation for a prospective 401(k) and DB client (1 401(k) $25mm, 2 DBs totaling $25mm).  As it tu ... [continue]

Preparing for a close by Jackie Salmon at OneAmerica Companies
Posted on Jul 14, 2015

A new ESOP was preparing for its closing. The 100% owner was trying to decide whether to take
a 1042 election and defer the capital gai ... [continue]

Homeland Grocery Stores by Deborah Groban Olson at ESOPLaw.com
Posted on Sep 16, 2013

Homeland Grocery Stores and the UFCW ESOP in 80 stores. In 2011, Homeland Acquisition Corp. (HAC), a grocery store chain in Oklahoma and Texas, ... [continue]

MBC Ventures, Inc. (formerly Maryland Brush Company) by Deborah Groban Olson at ESOPLaw.com
Posted on Sep 16, 2013

MBC Ventures, Inc. (formerly Maryland Brush Company) is located in a very old, large facility in Baltimore’s inner city which has been ope ... [continue]

Manufacturer, Orlando FL: $7,000,000 by Jamie Walrack at First American Bank
Posted on Jul 03, 2013 This $7,000,000 transaction allowed the ESOP to purchase of 51% of the company's stock from its two owners. The buyout was structured through a term n ... [continue]
Manufacturer, Orlando, FL: $7,000,000 by Martin Carmody at First American Bank
Posted on Jul 03, 2013 This $7,000,000 transaction allowed the ESOP to purchase of 51% of the company's stock from its two owners. The buyout was structured through a term n ... [continue]
Healthcare Services Provider, New York, NY: $20,000,000 by Jamie Walrack at First American Bank
Posted on Jul 03, 2013

The purpose of this transaction was to finance the purchase of the remaining 52% of the company stock from various shareholders of the com ... [continue]

Manufacturer, Norwood, NJ: $12,000,000 by Jamie Walrack at First American Bank
Posted on Jul 03, 2013 First American Bank was able to refinance the existing ESOP debt and liquidate the seller notes from the original ESOP financing that had ... [continue]
Healthcare Services Provider, New York, NY: $20,000,000 by Martin Carmody at First American Bank
Posted on Jul 02, 2013

The purpose of this transaction was to finance the purchase of the remaining 52% of the company stock from various shareholders of the com ... [continue]

Manufacturer, Norwood, NJ: $12,000,000 by Martin Carmody at First American Bank
Posted on Jul 02, 2013

First American Bank was able to refinance the existing ESOP debt and liquidate the seller notes from the original ESOP financing tha ... [continue]

The CEO/Partners have done their homework by Jack Veale at PTCFO INC.
Posted on Jan 07, 2012

The CEO/Partners have done their homework.  Their startup is not really a startup anymore as they have tested the waters, done their resear ... [continue]