Some workers invested in the employee stock ownership plan at Vermont Information Processing will receive millions when it's sold to the private equity firm Warburg Pincus.
TEPCON reinforcing the company’s commitment to innovation, excellence, and long-term sustainability via employee ownership. Effective January 1, 2025, TEPCON’s employees are now co-owners, ensuring a future built on shared success and accountability.
Selling to private equity, when it’s known that the model is to sell the company in five to seven years, didn't make much sense.
President Donald Trump issued an executive order on Monday that froze all pending proposals from the Biden administration.
DOL proposed regulation provides guidance for fiduciaries to ensure employer stock bought, sold by employer stock ownership plans is at fair market value
Family-owned, asset based trucking company specializing in refrigerated and custom freight provides dedicated services to the lower 48 states.
Huntsville-based defense contractor, Invariant Corporation, is proud to announce its transition to a 100% Employee Stock Ownership Plan, or ESOP.