OwnersEdge, a 100% employee-owned holding company, focuses on acquiring and supporting mid-market businesses through a unique ESOP model that fosters a culture of ownership. With a leadership change in January 2024 and over 350 employee owners benefiting from a gifted ESOP, OwnersEdge emphasizes sustainable growth and strategic acquisitions while providing a streamlined approach for businesses transitioning to employee ownership.
OwnersEdge, a fully employee-owned holding company situated in Waukesha, specializes in acquiring and nurturing mid-market businesses while emphasizing a culture of ownership and long-term success. Established in 2015, the company operates with a unique ESOP model that assists business owners transitioning their companies while providing employees an opportunity to become engaged stakeholders within their organizations. OwnersEdge offers a streamlined ESOP solution that fosters sustainable growth and ensures the preservation of each business’s unique culture. The company’s leadership underwent significant changes in January 2024 as founder and former CEO Lisa Reardon transitioned to Executive Board Chair, focusing on identifying high-performing businesses for acquisition. Co-CEOs Rob Dillon and Christine Adee now guide the day-to-day operations of OwnersEdge and its portfolio. Dillon oversees all five companies, driving differentiation and increasing shareholder value, while Adee applies her expertise in managing ESOP fiduciary complexities, having gained recognition as a national leader in the field. OwnersEdge commenced its journey toward employee ownership with its legacy company, CC&N, in 1992. This successful transition led to the establishment of OwnersEdge, which today encompasses over 350 employee owners benefiting from a 100 percent gifted ESOP, ensuring no out-of-pocket expenses for employees. This model underscores the value placed on employee ownership and its role in enhancing corporate culture and business performance. The company strategically targets acquisitions within various industries, including telecommunications, industrial automation, media, and manufacturing, providing its portfolio with shared services and in-depth ESOP management expertise. OwnersEdge believes that diversified, sustainable growth is critical for the future of employee ownership, allowing employee owners to partake in the financial successes resulting from their contributions. The benefits of employee ownership are manifold; employees experience heightened morale, engagement, and retention, while business owners can rest assured that their companies will continue to thrive under a culture of shared success. OwnersEdge’s ready-made ESOP solution alleviates typical legal and regulatory complexities of transitioning to employee ownership, offering tax advantages and enhancing financial flexibility while ensuring continued growth driven by dedicated employees. With a focus on long-term success, OwnersEdge consistently invests in its existing businesses and seeks to expand its portfolio while maintaining a robust employee ownership culture. This innovative business model empowers employees to take charge of their futures, fostering a prosperous environment for all stakeholders.
The topic of employee ownership, particularly through Employee Stock Ownership Plans (ESOPs), has gained traction as companies seek sustainable models that benefit employees and business owners alike. By providing a platform for employees to take ownership stakes, companies promote a culture that aligns the interests of employees with the long-term success of the business. OwnersEdge exemplifies this model, serving as a holding company focused on acquiring mid-market businesses and ensuring that employee ownership leads to enhanced motivation, retention, and overall success of both the employees and the company.
In conclusion, OwnersEdge represents an innovative approach to employee ownership by aligning the interests of employees and business owners through a robust ESOP structure. With recent leadership changes aimed at expanding its acquisitions and enhancing operational success, OwnersEdge continues to prove that employee ownership can lead to greater commitment, morale, and financial success. This model not only preserves the legacy of businesses but also empowers employees, embodying a path towards a sustainable and prosperous future for all stakeholders involved.
Original Source: biztimes.com
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