Who Says Unions And ESOPs Don’t Mingle?

Unionization is on the rise. So is participation in employee stock option plans, or ESOPs. What gives? Isn’t trade unionism incompatible with employee ownership? That’s a myth. What’s increasingly cle...

ESOPs Offer Relief in Today’s Constrained Financing Environment

In my 30 years as an investment banker to private and family-owned businesses, I have never seen the borrowing climate for deals change so sharply as it did in 2022. Financing for M&A and private ...

Communities Benefit When Employee-Owned Companies Make Them Their Homes

One of the key impacts of the pandemic and the societal events of the past two years has been the rise of purpose-led companies. The keynote address at the recent 2022 National Center for Employee Own...

Congrats, Clif Bar! Its Sale To Mondelez Boosts Our View That This Is ‘The ESOP Decade’

My heartiest and heartfelt congratulations to Clif Bar & Company and its employees on their landmark agreement to sell to Mondelēz International! The natural energy, nutrition and snack bar maker ...