This webinar will discuss the primary uses for ESOPs, how ESOP stock transaction work, valuation requirements and current multiples, governance in ESOP companies, financing sources, integration with other equity ownership plans and the impact on retirement benefits for employees. Finally, we will also address the impact of the Covid-19 pandemic creating new ESOPs

Learning Objectives:

• Considerations for ownership transition alternatives
• Fundamentals of ESOP
• Governance in ESOP companies
• Valuation requirements and current multiples for engineering firms
• Typical ESOP Stock Transactions Structures
• Capital sources for ESOP transactions
• Case studies of ownership structures with ESOPs and other equity plans
• Covid-19 Impact on New ESOP transactions

Upon completing this program, participants will gain a practical understanding of ESOP design, transaction basics, governance as well as the various tax advantages used today by many engineering firms across the country.

Presenter: Robert E. Massengill, Managing Director, Pilot Hill Advisors LLC