ELBO

Apis & Heritage Capital Partners Converts Denver-Based Sky Blue Builders to Employee Ownership via New Employee-Led Buyout (ELBO©)

Retrieved on: 
星期三, 四月 3, 2024
Professional Services, DEI (Diversity, Equity and Inclusion), Other Construction & Property, Human Resources, Commercial Building & Real Estate, Finance, Construction & Property, ESOP, ELBO, Sky blue, Diana Blank, Growth, City, Acquisition, Equity, Democracy, DEN, Denver International Airport, Great hall, Management

"We know Sky Blue will be a model for many more employers to follow in making our city a national leader in employee ownership."

Key Points: 
  • "We know Sky Blue will be a model for many more employers to follow in making our city a national leader in employee ownership."
  • A&H's ELBO© structure utilizes an employee stock ownership plan (ESOP) model for employee ownership, which has over 50 years of bipartisan political and regulatory support.
  • Sky Blue took over the Great Hall renovation project at Denver Airport when it was struggling and righted the ship.
  • He formed Sky Blue Builders on the foundation of his passion for people, the ability to persevere, and a keen eye for innovative solutions.

Full Spec Brands Launches Today As First Full-Service Brand Accelerator For Smoke Shop, Independent Convenience And New Age Wellness Retail Locations Nationwide

Retrieved on: 
星期三, 十一月 30, 2022
Honey, Marketing, Paul Cellucci, Multimedia, Smoke, Cannabis, Lead, ELBO, Rebirth, Tobacco, Business, Smoking, CPG, Online shopping, Retail, Greenlane

FT. LAUDERDALE, Fla., Nov. 30, 2022 /PRNewswire/ -- Full Spec Brands today launches the first nationwide full-service brand accelerator servicing the specialty retail class of trade with a focus on smoke shops, independent gas and convenience stores, and new age wellness retail locations.  Founded by well-known CPG veteran Michael Cellucci, the company provides dedicated sales, marketing, and merchandising strategies for brands who have demonstrated the ability to lead and innovate in their respective categories. With a personalized, high-touch, consultative approach to business, Full Spec Brands delivers tailored strategies for success.

Key Points: 
  • With a personalized, high-touch, consultative approach to business, Full Spec Brands delivers tailored strategies for success.
  • Cellucci brings his over 22 years of experience servicing the specialty retail category, delivering notable success across several segments including tobacco, cannabis, accessories, functional beverage, and new age wellness.
  • We understand exactly what is required to build trust, to build brands, and to build profitable relationships for all stakeholders."
  • Full Spec Brands is currently engaged with several notable brands including CannaAid and Kush Queen in the hemp derived cannabinoid category.

Apis & Heritage Capital Partners Completes First Two Transactions to Further Mission of Closing Racial Wealth Gap Through Novel Employee-Led Buyout Model

Retrieved on: 
星期一, 六月 6, 2022
Zero, Science, Company, Denver, Ford Foundation, Democracy, Foundation (nonprofit), Ownership, ELBO, City, Rockefeller Foundation, W. K. Kellogg Foundation, Workforce, Investment, Solution, BIPOC, Apex, Woodforest National Bank, Technology, Acquisition, Rehabilitation, UMB Financial Corporation, Twitter, Diana Blank, Jeffrey Skoll, Skoll Foundation, Today, Investment fund, Black Box (Brown Eyed Girls album), ESOP, Color, Airline, Management

WASHINGTON, June 6, 2022 /PRNewswire/ -- Apis & Heritage Capital Partners (A&H), an investment fund that finances the conversion of companies with substantial Black and Brown workforces into 100% employee-owned businesses, today announced that it has converted Denver-based Apex Plumbing Co. and El Paso-based Accent Landscape Contractors Inc. into 100% employee-owned enterprises.

Key Points: 
  • Their novel "employee-led buyout" (ELBO) model is helping workers build wealth through ownership, especially Black and Brown workers who have historically been left out of such opportunities.
  • "Closing the racial wealth gap is why we created A&H.
  • The future is literally in their hands, and we couldn't be more excited for our company and its new owners, our employees.
  • Our focus is on scaling renewable energy for all, stimulating economic mobility, and ensuring equitable access to healthy and nutritious food.