Preparing for and Executing a Sale to an ESOP - The Douglas Company

Owners at Work

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3+ y ago 30:23

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In this episode we speak with President Pete Douglas and Executive VP Finance and Administration, David Brockbader of the The Douglas Company about their recent transition to employee ownership via an ESOP. The interview also includes Franco Silva, Director, Prairie Capital Advisors who was one of the main advisors for the transaction. In this episode we dig into the importance of preparing for a transition, lessons learned, and the often overlooked emotional side of selling a company.

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Pete Douglas and David Brockbader, The Douglas Company: https://www.douglascompany.com/about-us/

Franco Silva, Prairie Capital Advisors: https://www.prairiecap.com/team/franco-silva

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