Selling a Family or Multi-Shareholder Business to an ESOP

By on April 25, 2019

In a presentation for the National Center for Employee Ownership (NCEO) Conference, Erin Turley presented on selling a family of multi-shareholder business to an ESOP. She discussed ownership transition alternatives and how to execute the ESOP transaction. Below are a few key takeaways from the presentation.

  • A multi-shareholder-owned company should not be a deterrent selling to an ESOP
  • Communicating with the shareholder group is key
  • Legal procedures must be followed to ensure all shareholders are informed

View the full presentation.

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