John Shurley Quoted in IndustryWeek Article: “Is an ESOP Right for Your Company?”

Written on February 5, 2016

In an article published by IndustryWeek on Jan. 28, 2016, John Shurley provides guidance to companies deciding whether Employee Stock Ownership Plans (ESOPs) are right for their businesses. ESOPs tend to work best at larger companies with more than 25 long-term and reliable employees. “Manufacturing companies, with their steady-as-she-goes reputation and a tight-knit culture, tend to fit the bill better than most,” Shurley said. “Buyers that are out there are looking for companies that grow at multiple double-digit returns – to flip in five or 10 years – and a lot of times manufacturing clients are in a steady pace [with standard customers that they’ve been supplying for years].” For the full article, click here.

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