Sept. 16th, 2019
Assessing ESOP Feasibility:
Chuck Bachman, Senior Counsel for Menke, will lead the ESOP feasibility session at the Forum
Chuck Bachman, Senior Counsel for Menke, will lead the ESOP feasibility session on September 17th. He will cover the key issues – financial, strategic, and cultural – that ultimately determine if an ESOP is right for you and your company. As a CPA and attorney, Chuck specializes in the design and installation of ESOPs, as well as the structuring of ESOP transactions. He has over 25 years of experience and has been involved in hundreds of ESOP transactions. Chuck is a frequent speaker and author on all aspects of ESOPs. He is a member of the California Bar Association, the American Institute of Certified Public Accountants (AICPA), and the NCEO. He is also a member of the Advisory Committee of the ESOP Association, as well as the steering committee of the California/ Western States Chapter of the ESOP Association.
Visit the Menke Booth
Stop by our booth to talk ESOPs with us. Whether its ESOP administration, ESOP valuation, share repurchase obligations, a feasibility study or a second stage transaction, we love to talk ESOPs with you. Learn how you can leverage our deep ESOP expertise to your benefit while saving cost.
About ESOPs
ESOP is an acronym that stands for Employee Stock Ownership Plan. The purpose of an ESOP is to enable employees to acquire a beneficial ownership in their Company without having to invest their own money. As such, they are primarily used for business succession or employee benefit purposes. ESOPs enjoy several tax advantages over their non-ESOP counterparts. According to the NCEO, there are currently around 7,000 ESOP plans in the U.S. According to several studies, ESOP’s often enjoy higher productivity and lower turnover compared to non-ESOP companies.
About Menke
Menke & Associates was formed in 1974, upon the passing of ERISA. John Menke, President of Menke, co-authored the ESOP legislation under ERISA, which codified them into law. Menke has enabled over 3,500 companies to successfully transition to employee ownership. The only single source ESOP advisor, we proudly call ourselves The Nation’s Premier ESOP Advisor. Our comprehensive ESOP platform provides everything you need to setup and maintain an ESOP, including Structuring, Legal & Tax Compliance, Valuation, Repurchase Obligation Studies, Documentation, Debt Capital Raising, Employee Communication, and Administration.
Phil DeDominicis is an ESOP strategist and M&A advisor who has guided 300+ companies through ESOP formations, financing, and transactions over 20+ years at Menke & Associates. He specializes in selling ESOP‑owned businesses to financial or strategic buyers and in helping ESOP companies acquire other businesses.
