Surety Bond Quarterly published an article by Valuation Director Patrice Radogna, about ESOPs as an attractive exit option for construction contractors.
Surety Bond Quarterly
By Patrice Radogna, ASA, CPA, ABAR, Director, Advisory Services
Typical exit options…are often not a good fit or are not financially feasible for construction companies. An alternative is for shareholders to sell their company, in whole or in part, to an ESOP. This trend has caught the attention of sureties, which see the advantage of an employee-owned company…