Cross-Disciplinary Expertise Facilitates EAI Ownership Transition
Integrated Teams Deliver Clarity and Support for Successful Leadership Transition
Ecological Associates, Inc. (EAI), a multidisciplinary environmental consulting firm headquartered in Florida, faced a sudden and complicated ownership transition following the unexpected passing of its owner. The situation involved a complex Rollover as Business Start-up (ROBS) financing model and an ESOP structure, requiring a comprehensive and unified advisory approach.
Solutions & Impact
SN’s ability to bring together cross-functional expertise, assembling a team from Strategic Growth Advisory, Valuation, Tax, and ERISA Audit to address the ownership structure, was crucial to addressing the complexities of this transition.
Stambaugh Ness’s cross-functional team delivered clarity and support by:
- Unwinding the intricate ROBS and ESOP ownership structure.
- Providing proactive guidance to the future owners on the implications of stock versus asset purchases.
- Identifying critical, previously unforeseen issues for the future owners.
- Facilitating the successful purchase of the firm by the founder’s spouse.
Testimonial
“We needed a holistic advisor; unlike the lawyers and other advisors we had consulted. We needed help putting a deal together and understanding the implications of a stock purchase versus an asset purchase, for example. Brad and his team got it, knew what we were looking for, and helped us identify key issues that we did not even have on our radar.” – Jimmy Sellers, Co-President, Ecological Associates, Inc.
Related Services
Strategic Growth Advisory, Valuation & Modeling, Audits, Reviews & Complications, Tax Planning, Strategy & Services