Industry: Industrials / Building Products
Location: New York
The Company Employee Stock Ownership Plan (“ESOP”) purchased 30% of the common stock of The Company in a leveraged ESOP recapitalization.
The Company is a leading domestic manufacturer of sump, sewage and effluent pumps for the professional trade in North America.
Pendo Advisors, LLC served as independent financial advisor to the board of directors of The Company.