Industry Groups

Materials Handling Companies are excellent ESOP candidates. An ESOP allows the company to transition ownership, create liquidity and continue the founder's vision.

 

They are often companies with a large, skilled workforce and frequently have a significant amount of hard assets, which makes it easier for them to borrow money from a lender to fund an ESOP transaction.

 

Resources:

The Materials Handling Industry of America and The Materials Handling Equipment Distribution Association are excellent sources of information on the Materials Handling industry. Visit their respective websites to learn more.

 

SES assisted a leading distributor of industrial equipment, the Modern Group, in using an ESOP to transition ownership of their company and to reward their employees. Click here to read "Employee Stock Ownership Plans: Wealth Comes from Selling Your Business," published in the Fall 2004 Money Matters section of the MHEDA Journal. 

 

If you have specific questions about how an ESOP transaction might be implemented in your company, call Jim Steiker at 866-316-ESOP.