by a searcher
from University of Michigan - Ann Arbor
in Detroit, MI, USA
8mos ago
ESOP Conversion
I’m seeking introductions to legal, finance, and compliance providers experienced in ESOP transactions. I’ve entered due diligence to acquire an existing US based service business.
reply
by a searcher
8mos ago
from University of Illinois at Urbana
in Ann Arbor, MI, USA
^redacted, are you buying out the ESOP, or hoping to have the ESOP retain partial ownership?
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by an intermediary
8mos ago
from The University of Chicago
in Chicago, IL, USA
Your post is not clear. Does the company have ESOP? What %? Asset/Stock deal? Do you plan to continue or dissolve ESOP? Do you plan to use SBA?
I have sold X) a business with ESOP to a buyer who discontinued ESOP, Y) And have sold another w/ no EXOP to a buyer who already had an ESOP. X is a challenge.
Happy to talk