Lazear Capital Discusses Employee Stock Ownership Plans
Garrett and Jamerino explain in simple terms what ESOPs are, why they are continuing to gain momentum, and what’s in it for both business owners and employees.
Lazear Capital specializes in sell-side transactions with a focus on ESOPs for companies across the United States. In the last 12 months, Lazear has closed more than $2 billion in ESOP transactions across 34 companies. They're also well-known in the construction industry. "Probably over 50 percent of the transactions we do on an annual basis are with contractors," explained Garrett.
Business owners who are considering retirement or transitioning their companies in the next three to five years should pay particular attention to this episode.
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Listen to this hot topic conversation and all of CAM’s “Building Michigan” podcast episodes at buildwithcam.com/podcast or on your favorite podcast platform.
Contact cam@buildwithcam.com for podcast sponsorship opportunities or with suggestions for future podcast topics. Each episode of the “Building Michigan” podcast, produced for Michigan’s construction industry by the Construction Association of Michigan, and sponsored by Priority Health, features current news and information regarding the latest construction techniques, methods and equipment, as well as economic updates and interviews with key people in Michigan's commercial construction industry.
Listen to Building Michigan
The Building Michigan Podcast features current news and information regarding the latest construction techniques, methods and equipment, as well as economic updates and interviews with key people in Michigan’s commercial construction industry.
