Resources for Business Leaders Looking to Establish an ESOP

Our resource center provides whitepapers, articles, and reports—including those published in academic journals—to offer a deeper dive into ESOPs.

Crafting a Business Owned by Its Workers

The story of how and why Greensaw Design & Build LLC became an ESOP company. Published May 23, 2011, in The Philadelphia Inquirer.

The ESOP Blindside and How to Protect It

This article, which quotes our president, Jim Steiker, addresses the risk of disability among key owner-employees. Published February 4, 2011, in Life Insurance Selling.

Co-Ops and ESOPs Offer Strengths and Challenges

Jim Steiker outlines some of the pros and cons of worker cooperatives. Published May 23, 2011, in The Philadelphia Inquirer.

ESOPs in S Corporations

This article, co-authored by Jim Steiker, highlights the potential for abuse and scams and explains how to avoid them. Published Spring 2004 in the Philadelphia Estate Planning Council Newsletter.

ESOP Fiduciary Committees

This article, co-authored by Jim Steiker, reviews the legal standards that govern ESOP committees. Published 2004 in the Journal of Employee Ownership Law and Finance.

ESOP Participants and Shareholders Rights

A chapter, authored by our chairman, Jim Steiker, from the book ESOPs and Corporate Governance.

Steve Greenapple, one of our experienced ESOP professionals, addresses breach of fiduciary duty and federal common law fraud by participants who transferred their 401(k) account balances to an ESOP, against the sponsor of the Plans, fiduciaries of the Plans, and the ESOP’s financial advisor. Published September 2012 in The ESOP Association’s ESOP Report.

ESOP Transactions Using Warrants

Our president, Jim Steiker, describes how warrants are used as part of the financing structure of leveraged ESOP transactions and discusses key corporate finance and federal tax considerations in structuring ESOP financing arrangements involving warrants. Published Spring 2008 in the Journal of Employee Ownership Law and Finance.

Using Warrants in ESOP Transactions

Our president, Jim Steiker, explains how warrants can be used to bridge the gap in a larger ESOP transaction between bank financing and the full price of the sale. Published in the March-April 2013 edition of the Employee Ownership Report.

ESOP Plans Let Founders Cash Out

This article profiles a number of ESOP companies including SES ESOP clients.

Profiles in Growth Whitepaper

This whitepaper is from The Business Exit Forum, a nationwide network of subject matter expert Preferred Advisors who are preeminent trusted advisors to mid-market companies at all stages of organizational growth and exit. SES ESOP is a proud member of The Business Exit Forum.

The focus of this profile is Joe Mattos, a third-generation owner of Pro Finishes PLUS. He shared his ESOP experience at a May 13, 2013, presentation at the Business Exit Forum’s Profiles in Growth event.