ESOP

ButcherJoseph & Co. Wins Consumer Staples Deal of the Year Award

Retrieved on: 
Wednesday, November 22, 2023

ButcherJoseph & Co. won the Consumer Staples Deal of the Year Award for the sale of Brewing-Science Institute (BSI) to an employee stock ownership plan (ESOP).

Key Points: 
  • ButcherJoseph & Co. won the Consumer Staples Deal of the Year Award for the sale of Brewing-Science Institute (BSI) to an employee stock ownership plan (ESOP).
  • “Ranging from
    large multi-billion dollar deals to lower middle market deals, we are recognizing the
    "We are honored to receive the Consumer Staples Deal of the Year Award from The M&A Advisor for the successful sale of Brewing-Science Institute to its employees,” said ButcherJoseph & Co. Vice President Carter Smith .
  • “This achievement underscores our commitment to our clients in facilitating strategic transactions that empower employees and businesses to create lasting value.
  • For a detailed list of the Award Winners for the 22nd Annual M&A Advisor Awards, CLICK HERE .

Prescription Benefit Manager, TrueScripts, Becomes a Team Member Owned Company

Retrieved on: 
Friday, December 15, 2023

TrueScripts Management Services, a pharmacist-founded Prescription Benefit Management (PBM) company, proudly announces they are now Team Member Owned.

Key Points: 
  • TrueScripts Management Services, a pharmacist-founded Prescription Benefit Management (PBM) company, proudly announces they are now Team Member Owned.
  • The company's transition to a Team Member Owned plan (also known as an Employee Stock Ownership Plan, or ESOP) turns more than 150 Team Members across the United States into company owners.
  • "Becoming a Team Member Owned Company means that each and every member of our dedicated team now has an even greater stake in our success.
  • The best way we knew how to do that was to make TrueScripts a Team Member Owned Company."

The National Center for Employee Ownership Releases its 2023 Employee Ownership 100 List

Retrieved on: 
Monday, December 11, 2023

COVINA, Calif. , Dec. 11, 2023 /PRNewswire/ -- The National Center for Employee Ownership ("NCEO"), a nonprofit organization that has been supporting the employee ownership community since 1981, is pleased to announce its 2023 Employee Ownership 100 list.

Key Points: 
  • COVINA, Calif. , Dec. 11, 2023 /PRNewswire/ -- The National Center for Employee Ownership ("NCEO"), a nonprofit organization that has been supporting the employee ownership community since 1981, is pleased to announce its 2023 Employee Ownership 100 list.
  • To be on the list, companies must be at least 50% employee-owned; most on the list are 100%.
  • "After many months of in-house research, we are excited to release this year's Employee Ownership 100 list," said Nancy Wiefek, Research Director at the NCEO.
  • Recognizing employee-owned companies year after year on the Employee Ownership 100 list not only amplifies these companies' names and achievements but also the power of employee ownership itself."

State of Franklin Healthcare Associates Embarks on Enhanced Value-Based Healthcare Journey with New Employee Stock Ownership Plan (ESOP)

Retrieved on: 
Thursday, November 30, 2023

JOHNSON CITY, Tenn., Nov. 30, 2023 /PRNewswire/ -- State of Franklin Healthcare Associates (SOFHA), a premier multi-specialty physician-led medical group, has proudly launched a new Employee Stock Ownership Plan (ESOP), heralding an era of heightened employee engagement in its mission to improve community health.

Key Points: 
  • JOHNSON CITY, Tenn., Nov. 30, 2023 /PRNewswire/ -- State of Franklin Healthcare Associates (SOFHA), a premier multi-specialty physician-led medical group, has proudly launched a new Employee Stock Ownership Plan (ESOP), heralding an era of heightened employee engagement in its mission to improve community health.
  • This groundbreaking move underscores SOFHA's ongoing transition to a value-based healthcare model, where quality outcomes and patient satisfaction lead the way.
  • It aligns with our vision of providing exceptional care while fostering a workplace where every member feels valued and motivated to contribute their best."
  • For additional details about State of Franklin Healthcare Associates and its transformative journey, please visit www.sofha.net .

Following A Successful Debut, Contemporary Services Corporation (CSC) Announces an Additional Hiring Event For Security And Guest Services Positions for Super Bowl LVIII

Retrieved on: 
Tuesday, November 28, 2023

LAS VEGAS, Nov. 28, 2023 /PRNewswire/ -- Contemporary Services Corporation (CSC), the leader in crowd management, is thrilled to announce a second Hiring Event in preparation for Super Bowl LVIII.

Key Points: 
  • LAS VEGAS, Nov. 28, 2023 /PRNewswire/ -- Contemporary Services Corporation (CSC), the leader in crowd management, is thrilled to announce a second Hiring Event in preparation for Super Bowl LVIII.
  • This event presents an exceptional opportunity for individuals aspiring to join the CSC team who want to work our stadium coverage Jan 8 – Feb 22 @ Allegiant Stadium for the Super Bowl LVIII.
  • CSC continues to seek passionate and dedicated individuals to fill roles in security staff and guest services, ensuring an unparalleled experience for Super Bowl LVIII attendees.
  • To expedite the hiring process, interested candidates are encouraged to bring their resumes, identification documents, and references to the Hiring Event.

UP Fintech's Q1-Q3 Net Income Hits $42M, Surpassing 2-Year Total

Retrieved on: 
Monday, November 27, 2023

The non-GAAP net income for the quarter was $16 million, representing a QoQ growth of 4.3% and a YoY increase of 141.1%.

Key Points: 
  • The non-GAAP net income for the quarter was $16 million, representing a QoQ growth of 4.3% and a YoY increase of 141.1%.
  • The non-GAAP net income for the first three quarters of 2023 reached US$42 million, surpassing the sum of the company's non-GAAP net income for the past two years.
  • In the third quarter, UP Fintech added 28,803 new global account holders, bringing the total to 2.15 million.
  • The total account balance amounted to approximately US$18.9 billion, reflecting a 45.7% YoY increase, with net asset inflows exceeding US$1.5 billion during the quarter.

EY Announces Kerry Siggins of StoneAge Holdings as an Entrepreneur Of The Year® 2023 National Finalist

Retrieved on: 
Thursday, November 16, 2023

DURANGO, Colo., Nov. 16, 2023 /PRNewswire-PRWeb/ -- Durango, CO – Ernst & Young LLP (EY US) today announced that Kerry Siggins, CEO of StoneAge Holdings, was named an Entrepreneur Of The Year 2023 National finalist. Kerry was selected from a pool of 224 Entrepreneur Of The Year 2023 regional award winners from 197 companies across the US. Entrepreneur Of The Year was created to honor those audacious entrepreneurs who dare to reimagine what's possible and develop products and solutions that disrupt markets, revolutionize industries, and transform lives. Now in its 37th year, it is celebrated as one of the most respected business programs in the world.

Key Points: 
  • Ernst & Young LLP (EY US) today announced that Kerry Siggins, CEO of StoneAge Holdings, was named an Entrepreneur Of The Year® 2023 National finalist.
  • Kerry was selected from a pool of 224 Entrepreneur Of The Year 2023 regional award winners from 197 companies across the US.
  • DURANGO, Colo., Nov. 16, 2023 /PRNewswire-PRWeb/ -- Durango, CO – Ernst & Young LLP (EY US) today announced that Kerry Siggins, CEO of StoneAge Holdings, was named an Entrepreneur Of The Year 2023 National finalist.
  • Kerry was selected from a pool of 224 Entrepreneur Of The Year 2023 regional award winners from 197 companies across the US.

Ologie Becomes a 100% Employee-Owned Company

Retrieved on: 
Tuesday, November 14, 2023

COLUMBUS, Ohio, Nov. 14, 2023 /PRNewswire/ -- Today Ologie, Inc., announced the transfer of all of its stock into an employee stock ownership plan (ESOP), making the company 100 percent employee owned. The company's shareholders and board of directors, including original founder Bev Ryan and partner Bill Faust, approved the transaction on October 31 with the intent of further strengthening its commitment to its employees and client partners, and to advancing education.

Key Points: 
  • "I couldn't be happier or more excited for our people about this next chapter," said Ologie founder and CEO Bev Ryan.
  • The shift to employee ownership will help preserve Ologie's flexibility and sustainability as an independent company.
  • Ologie is a branding and marketing agency with more than 80 employees across the U.S.
  • To learn more about Ologie, visit www.ologie.com

StoneAge Releases the Sentinel Operations System 2.0 to Take your Cleaning Operations to New Heights

Retrieved on: 
Thursday, November 9, 2023

DURANGO, Colo., Nov. 9, 2023 /PRNewswire-PRWeb/ -- The latest release by StoneAge, the Sentinel Operating System 2.0, takes your cleaning operations to new heights with streamlined job setup, onscreen tubesheet visualization, automatic learning functions, and predictive job data. Unlock unparalleled efficiency, precision, and consistency in your cleaning processes with Sentinel 2.0. Sentinel empowers your workforce with an active sensor system and software that automatically positions cleaning nozzles and efficiently cleans exchanger tubes, even in challenging low visibility conditions.

Key Points: 
  • The latest release by StoneAge, the Sentinel Operating System 2.0, takes your cleaning operations to new heights with streamlined job setup, onscreen tubesheet visualization, automatic learning functions, and predictive job data.
  • DURANGO, Colo., Nov. 9, 2023 /PRNewswire-PRWeb/ -- The latest release by StoneAge, the Sentinel Operating System 2.0, takes your cleaning operations to new heights with streamlined job setup, onscreen tubesheet visualization, automatic learning functions, and predictive job data.
  • Unlock unparalleled efficiency, precision, and consistency in your cleaning processes with Sentinel 2.0.
  • Sentinel empowers your workforce with an active sensor system and software that automatically positions cleaning nozzles and efficiently cleans exchanger tubes, even in challenging low visibility conditions.

White Collar Defense Partner Joins Growing Dallas Office

Retrieved on: 
Tuesday, November 7, 2023

Dallas, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Blank Rome LLP is pleased to announce that Barrett R. Howell has joined the firm’s Dallas office as a partner in the White Collar Defense & Investigations group.

Key Points: 
  • Dallas, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Blank Rome LLP is pleased to announce that Barrett R. Howell has joined the firm’s Dallas office as a partner in the White Collar Defense & Investigations group.
  • Barrett has been defending companies and individuals in high-stakes white collar criminal fraud investigations, prosecutions, and civil enforcement actions for over two decades.
  • “We are excited to welcome Barrett to our Dallas office,” said Grant S. Palmer , Blank Rome’s Chair and Managing Partner.
  • “Barrett is a great addition to the white collar team,” said Jerry D. Bernstein , Partner and Co-Chair of the firm’s White Collar Defense & Investigations group.