MCLEAN, Va. (PRWEB)
October 13, 2017
The McLean Group, a 20-year old investment bank that provides merger and acquisition (M&A), corporate finance and business valuation services, is pleased to announce that it is now a 100% employee-owned company through the execution of an Employee Stock Ownership Plan (ESOP).
This transaction will provide the foundation for the firm’s continued growth for the next 20 years and beyond:
CLIENT-FOCUSED CULTURE – By utilizing the ESOP’s equity incentives to reward the firm’s entire team for long-term growth, our clients will continue to benefit from our commitment to provide the highest levels of client service, process strategy and execution.
TALENT – The McLean Group boasts industry-leading stability, with long-tenured professionals who possess deep institutional knowledge and experience. The ESOP provides another retention and recruiting tool that will continue to build the firm’s leading pool of experience and talent at all levels.
GROWTH – The ESOP’s tax efficient structure creates additional capital to further fuel the company’s growth through the continued expansion of capabilities and practice areas, including the exploration of opportunities for strategic acquisitions.
An ESOP is a benefit plan designed to provide employees with an ownership stake in the company. It is a long-term plan, that rewards employees for remaining with the company and growing it over time. Recent studies by the National Center for Employee Ownership (NCEO) report that ESOP employees are, on average, more client-service-oriented and more productive than comparable non ESOP-owned company employees.
As merger and acquisition advisors, The McLean Group is well-acquainted with the specific advantages that an ESOP can provide. In addition to advising on traditional M&A transactions, The McLean Group has substantial ESOP…