Upcoming Events at
May 21, 2019 | 8:00 AM | Tuesday
Transworld M&A Advisors will participate in a panel discussion of Employee Stock Ownership Plans (ESOPs) on May 21 from 8-10am with The Alliance of Tampa Bay, Palma Ceia Golf & Country Club, 1601 S. Macdill Ave. in Tampa. $40 members, $60 non-members.
The panel discussion will cover a myriad of topics and dispel some of the myths about ESOPs, business mergers and acquisitions, plus how to exit a business in some of the most beneficial financial conditions. Also, attendees will learn from business owners and how they successfully created a cash buyer for some or all of their business at fair market value while staying on at their discretion as a senior manager with full compensation and benefits for several years, even after selling a majority interest in their company. Additionally, panelists will address how taxes on business sale proceeds may be deferred indefinitely, and how the traditional ESOP exit strategy is being reconceptualized to reduce or eliminate ongoing corporate income tax.
“When done correctly, setting up an ESOP frequently helps to improve the overall efficiency and productivity of people in a firm as they are now related to the company in two ways. First, as an employee and also as a shareholder. Good performance of a company would be in their best interest,” said Len Russek, event panelist and managing director of Transworld M&A Advisors. “We will discuss how to provide positive benefits for employees, management, and buyers and sellers of businesses, and more during the presentation.”
Len Russek and Mike Ertel are managing directors of Transworld M&A Advisors. They have more than 50 years of combined experience in all aspects of mergers and acquisitions al