Summary
There was a time – a couple of decades ago – when employee stock ownership plan (ESOP) companies were assumed by many to be weak businesses, with uncertain futures. But that was then – and what have we now? My, how things have turned. With ESOPs now formed almost entirely at very healthy companies – and many of those enjoying the unique cash flow benefits of operating as ESOP-owned S corporations – a growing number of these companies have become the predators of the M&A jungle.