ESOP

For many business owners, an Employee Stock Ownership Plan (ESOP) is the most attractive buyer for their company. In addition to providing a fully-valued liquidity event, ESOPs deliver compelling tax advantages to both the selling shareholder and the company.

PCE provides the following ESOP services:

• Preliminary valuation delivered by PCE's valuation services division,
• Feasibility analysis that gives a business owner a blueprint for executing an ESOP,
• Financial modeling to assist in determining the best structure,
• The preparation of a detailed corporate profile to present to prospective lenders,
• Identification of the lenders best suited to fund an ESOP transaction, and
• Negotiation and structure of the business terms of the ESOP loan.

PCE has successfully executed "dual track" liquidity engagements in which the sale to a strategic buyer and an ESOP feasibility analysis are simultaneously pursued. This process allows the business owner to evaluate and compare the most attractive after-tax alternatives at the same time. Our experience suggests that this often creates the highest after-tax proceeds of any liquidity strategy.