FORT WORTH, TX, April 3, 2019 – Mark B. Russell of SES ESOP Strategies spoke at The ESOP Association’s Southwest Chapter Annual Spring Conference and Awards Luncheon on March 29, 2019, in Grapevine, TX.
In “Growing Your ESOP Through Acquisitions,” Mr. Russell discussed the advantages and disadvantages of acquisitions made by ESOP-owned companies and also how selling owners may still be able to achieve many of the intangible benefits associated with setting up their own ESOPs, like legacy, community and rewarding employees. He also discussed the tax advantages for the seller and for the buying company, the impact on current and future employees, different acquisition structures, and some additional complexities ESOPs can create.
Mr. Russell is Head of the ESOP Group at Griffin Financial Group, an affiliated company of SES ESOP Strategies, where he works with investment banking clients and their principals providing merger and acquisition advisory services and private placements of debt and capital. Mr. Russell works extensively with business owners, evaluating their business and personal situations and assisting them in preparing for succession of or exit from their businesses.
Mr. Russell is a Certified Financial Planner (CFP) and he holds Series 79, 7 and 66 licenses from FINRA. He has an LL.M. in Taxation, with distinction, from Georgetown University Law Center, an MBA from Texas Tech University School of Business, a J.D. from Texas Tech University School of Law and a BBA in Accounting from Texas Christian University.
Mark B. Russell