Pendo Provided Fairness Opinion in Connection with a 100% ESOP Transaction for a Leading Provider of Cybersecurity Solutions
Pendo advised on a $40 million sale transaction to result in 100% ESOP ownership for a Mid-Atlantic based leading provider of cybersecurity solutions to corporations and government entities. Pendo assisted the trustee in negotiations and provided a fairness opinion related to the transaction. Pendo continues to be a leader in assisting owners and fiduciaries in facilitating growth in employee ownership through the ESOP structure.