The Flock & ESOPs
We know that there are many different exit strategies out there, but we truly believe an ESOP is the best. A typical sale generally entails handing the keys to a larger aggregator in exchange for your “balance sheet and a Twinkie.” Then post-acquisition drama unfolds; you watch your operations team get laid off, employees trickle out, your legacy destroyed.
While many owners are just unfamiliar, or are actively dissuaded by M&A advisors, studies show that employee-owned companies experience increased employee satisfaction, retention, and productivity gains. Moreover, the ability to continue to guide the company post-transaction, the seller is better able to manage succession and impact mission and ongoing legacy.
The common kneejerk response to an ESOP transaction is that it is just too complicated. That’s where we come in! We know ESOPs and we know results. We have a deep understanding of all the components required to ensure a successful ESOP transaction. Furthermore, having executed our own ESOP, we well understand the concerns beyond maximizing shareholder value; how do we put our team in the best position for long term success? How do we ensure the employees and families flourish for years to come?
We do this by listening to you, understanding transaction goals for yourself, the company & the employees, and putting our extensive knowledge and experience to work on a plan that will deliver effective results, minimizing tax implications and maximizing benefits for all.
We love employee ownership!
Meet The Flock
Gellert Dornay
Partner
Gellert has a strong passion for helping others truly flourish. After 25 years of building and leading two companies to middle market exit, he has turned his efforts to guiding peers to exit and succession plans that reward owners as well as the teams that contributed to the value creation; all while sustaining the economic wellbeing of communities.
Marco Magnotto
Partner
Having completed his MBA last year, Marco is on fire to be applying his education in a meaningful and profound way. Surrounded by an entrepreneurial family, and embracing desire for purposeful engagement with society, he loves fostering entrepreneurial behavior in employee ownership teams.
Bobby Koczon
Partner
Since learning about ESOPs, Bobby has quickly become an employee ownership evangelist. His background in leading teams through FDA trials in the Bio-tech world has honed his organizational and project management skills which are put to work in architecting succession plans and sustained governance to maximize legacy and job security.
What They Think
Gellert's insight and credible experience really helped me to see what was possible; not just for me, but for our team, all of whom have contributed so much to our success over nearly 20 years. We executed a 100% ESOP transaction and experienced 15% volume growth in the first year and are on pace for 40% comparable growth in 2019. Our 600+ employee-owners are truly thriving!
