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.
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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.
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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.
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The move aims to improve retention, recruitment, and company culture
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Ownership changes but management remains in place
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President Donald Trump issued an executive order on Monday that froze all pending proposals from the Biden administration.
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Keene greeting cards business becomes employee-owned
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DOL proposed regulation provides guidance for fiduciaries to ensure employer stock bought, sold by employer stock ownership plans is at fair market value
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A&E Firm Announces Employee Stock Ownership Plan
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Real estate project management firm embraces broad based employee-ownership
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Family-owned, asset based trucking company specializing in refrigerated and custom freight provides dedicated services to the lower 48 states.
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Virginia home builder expands ownership to its employees
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Huntsville-based defense contractor, Invariant Corporation, is proud to announce its transition to a 100% Employee Stock Ownership Plan, or ESOP.
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