ESOP

Overview

We have represented numerous staffing companies and companies in many other industries in ESOP transactions. These transactions typically involve a sale of stock by one or more owners to an ESOP trust, which is created primarily to hold stock for the benefit of the company's employees. Company owners often find that ESOP sales are attractive alternatives to an outside sale transaction because of their significant tax benefits and their flexibility. Because most staffing companies have a large payroll base, ESOPs provide a very tax efficient alternative for company owners when they consider retirement or sale of their businesses.

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