Blue Ridge ESOP Associates Industry News

Bridging the Gap - Financing ESOP Transactions

Posted by Blue Ridge ESOP Associates

Feb 6, 2019 3:32:30 PM

doorsign_owned_operated_by_employeesWhen the owners of Best Friends Pet Hotel were looking to sell their business, they found a way to let their employees become the new owners. With the guidance of Mosaic Capital Partners, an ESOP Trust was established and a strategy set into motion to accelerate the company's growth. The bridge that Mosaic built allowed the original owners to see the profit of their sale sooner than a traditional ESOP transaction. Meanwhile the employees who work in a retail environment are able to boast about the fact that they are owners of their company. Learn more about how this bridge to employee ownership might be a viable option for selling your business.