September 30, 2019

Construction Executive published an article by Valuation & Litigation Services Director Patrice Radogna and Valuation Group Leader Ken Pia, about the benefits of ESOPs as an exit strategy for owners of multi-generational construction companies.

Construction Executive

By Kenneth Pia, Partner-in-Charge, Business Valuation Services and Patrice Radogna, Director, Valuation & Litigation Support

Construction Executive published an article by Valuation & Litigation Services Director Patrice Radogna and Valuation Group Leader Ken Pia, about the benefits of ESOPs as an exit strategy for owners of multi-generational construction companies.

Excerpt:

The “typical” options for company owners preparing to exit, such as sale to a third party or sale to a private equity, are frequently not a good fit for construction companies. Historically, construction companies have not been great take-over candidates for a strategic sale. The construction industry’s intertwined culture of pride and longevity creates an ideal environment for employee ownership.

Click here to read a PDF version of the article >>

Related Industry

Construction

Related

Kenneth J. Pia, Jr.

Kenneth J. Pia, Jr.

Business Valuation Industry Leader

  • Advisory
  • New Haven, CT
Patrice  Radogna

Patrice Radogna

Director

  • Advisory
  • Boston, MA