ESOP Companies and an Acquisition Strategy

Wednesday, April 26, 2023

2:45 PM – 3:45 PM CST

Location: 2208

CE Hours 1

CE Type: CPE, CLE

Session Leader(s)

Allison Wilkerson, JD (she/her/hers)
Attorney
McDermott Will & Emery
Dallas, TX, United States

PDF Slides

Speaker(s)

David Whaley, n/a (he/him/his)
Partner
Thompson Hine
Cincinnati, Ohio, United States
Kyle A. Spader, CPA, CVA
President and Trustee
Acumen Advisory Services
Muskego, WI, United States

ESOP-owned companies often build operations and value through organic growth and/or acquisitions. This session will discuss recent increases in M&A activity, with the panelists highlighting recent experiences with ESOP-owned companies in today’s market. The speakers, who run the gambit from ESOP company advisors to an officer of an ESOP-owned company, will identify certain competitive advantages of ESOP companies as businesses and discuss alternative acquisition structures. The group will consider how an ESOP company might identify appropriate target(s) and procedural prudence considerations, including when and how the ESOP trustee and other fiduciaries might be involved in the process. NCEO Resource:
Acquisition Strategies for ESOP Companies

Learning Objectives:

Determine the role of acquisition(s) in the growth trajectory of a company
Identify ESOP considerations and fiduciary considerations that may be impacted by the acquisition process
Consider the appropriateness of various acquisition structures in approaching an acquisition