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ESOPs & Succession Planning: How ESOPs Work & How They Can Benefit You and Your Company
Please join us for a joint presentation by Patrice Radogna, Co-leader of Marcum's National ESOP practice and ERISA attorney Steve Gerlach, as they walk through how ESOPs work and how they can benefit you and your company.

2021 is turning out to be one of the hottest years for construction companies selling their companies to an employee stock ownership plan or ESOP. What are these business owners seeing and why the increased interest? Three factors that appear to be driving this: Strong sales price multiples in 2021, Significant looming changes in taxes that will affect both the selling shareholder and the company’s bottom line (on a post-tax basis), and mental readiness to exit or monetize after particularly trying year – the year of the pandemic. This webinar will also feature a question and answer session.

Topics include:
• The fundamentals of an ESOP
• Good candidates for an ESOP
• The significant tax benefits, pros and cons for ESOPs
• Details of the process of getting an ESOP transaction complete

Oct 6, 2021 08:30 AM in Eastern Time (US and Canada)

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