Aug 31, 2022

The Prosperity Report – Benefits of an ESOP in the Construction Industry with guest Michael Harden

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When is transferring ownership of your construction business to an ESOP a good option?

Guest Michael Harden, CPA, CFA, Senior Managing Director of Ambrose Advisors discusses this and other factors to consider when deciding if/when to sell to an ESOP.

Michael leads Ambrose’s Investment Banking division. Since 1993, he has had experience in practicing and completing accounting, mergers, acquisitions, financings, ESOP buyouts and valuations. He is a specialist in ESOP buyouts and therefore has experience in wide array of industries, including energy, technology, government contracting, breweries, manufacturing, distribution, business services and construction.

Listen in as we explore:

  • How Does Selling a Company to an ESOP Compare to a Conventional Sale?
  • Selling A Company To An ESOP
  • Is An ESOP Beneficial For A Departing Partner?
  • Is There Cash At Closing For An ESOP?
  • What Information Is Required To Be Shared In An ESOP?
  • How Do You Choose An ESOP Trustee?
  • What Percentage of a Company Can be Sold in an ESOP?

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Prosperity is more than a number. It's the power to shape what is possible for you, your family and your heirs. On the Prosperity Report you can learn ideas for building wealth, safeguarding it, and translating it into true prosperity with insights from actual business owners and financial professionals.

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