Tag: Employee Stock Ownership Plan (ESOP).
Tech Systems goes ESOP route
October 29, 2014Martha Entwistle
ATLANTA—Darryl Keeler, CEO of Tech Systems, announced this week that his privately held company will transition to an Employee Stock Ownership Plan (ESOP). The process will take a while, but ultimately Tech Systems employees will have full ownership of the systems integration company, a PSA Security owner which is based here.“When you talk to ESOP experts and look at all of the historical data, you see that these companies tend to be more profitable and retain employees and clients much...