With more than 90% of E&C firms not being candidates for sale to a third party, owners should consider Employee Stock Ownership Plans (ESOPs) as a way to transition out of their businesses. In fact, there is a rising interest in ESOPs as an exit option for construction owners, according to FMI’s latest OTMS Survey. Many baby-boomer construction owners have embraced ESOP as a tool for their legacy, recruiting and retention, and the long-term sustainability of their company.
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