From processing and manufacturing to production and distribution, we’ll give you the advice you need to maximize the value of your company when it comes time to sell.
Morgan & Westfield serves as a trusted partner to plumbing and HVAC businesses, mechanical and commercial contractors, and other home service enterprises looking to sell.
An ESOP, or employee stock ownership plan, is one of several options you may consider when selling your business. What is an ESOP, and should you consider one? In this episode of M&A Talk, we explore the ins and outs of ESOPS and help you determine whether an ESOP is the right exit path for you. You will learn how ESOPS work, whether your company is a right fit for an ESOP, how your business will be valued under an ESOP, and common multiples used to finance the transaction.
Daniel is the Director of PCE’s business valuation practice, where he advises both public and private companies on valuation matters across various industries. His focus is on Employee Stock Ownership Plans (ESOPs), and he has worked on transactions ranging from $1 million to $200 million in enterprise value. He is also experienced in valuing operating companies for estate tax purposes, and has successfully defended valuation discounts during IRS audits. Daniel is a Chartered Financial Analyst (CFA) and a member of The ESOP Association and the National Center for Employee Ownership (NCEO). He graduated from the University of Oxford with a Bachelor of Arts in Politics, Philosophy, and Economics, with a major in Economics. Daniel is also a frequent speaker at ESOP events, and he co-authored the NCEO’s A Guide to DOL ESOP Investigations (2019).