NewAge and Foliance were highlighted in the article, “For Owners Looking to Sell, an Option That Keeps Their Company Intact”
We at SES ESOP Strategies were incredibly proud to see two of our clients featured in a great piece in the New York Times focused on employee ownership. NewAge Industries, a long time SES client, and Folience, an ESOP that purchased Cimarron, were both extensively covered in the article.
The article provides a thorough look at ESOPs and the benefits of selling to an ESOP, such as keeping the company local, preserving a legacy and rewarding employees.
Read the full article in the New York Times.