Prairie is Pleased to Announce the Sale of Grace Manufacturing to an Employee Stock Ownership Plan! OAKBROOK TERRACE, IL – February 6, 2019 – Prairie Capital Advisors, Inc. (“Prairie”), a leading middle-market investment bank, acted as financial advisor to Grace Manufacturing in the sale of the company to an employee stock ownership plan. Founded…
March 1-10 New conversions Rhode Island coffeehouse Custom House Coffee became employee owned through a direct purchase plan. Direct purchase plans do not have the same tax benefits of ESOPs, but since they are not governed by ERISA, they are easier to establish. “Mastin said that as soon as he floated the idea to his…
RMEOC is a member of American Sustainable Business Council, and as we prepare to discuss employee ownership with Colorado legislators, we wanted to share ASBC’s recent white paper on worker ownership. Learn the facts. Reduce Economic Inequality with Worker Ownership John O’Neal Ever-increasing economic inequality has convinced millions of Americans the U.S. economy is failing them. Congress…
