ESOP | ERISA Fiduciaries
Pendo Advisors work with business owners and stakeholders to help them navigate through complex management buyouts or ESOP transactions.
ESOP | ERISA Advisory Services
Pendo’s partners have vast experience working with employer stock ownership plan (ESOP) owned businesses and owners contemplating management buyouts or ESOP transactions. We have expertise in the unique facets of employee ownership from valuation issues and sustainability concerns to capital raising and transaction structuring. We have advised parties on all sides of the transaction including trustees, corporate boards, management, and stockholders. Our ESOP | ERISA advisory services include but are not limited to:
Business Valuations and ESOP Feasibility
Our professionals work with companies considering ownership transitions and provide valuation assistance during the decision making process. In addition our professionals work with business owners to develop, evaluate, and implement transaction structures.
Strategic Alternatives and Transaction Structuring
Whether seeking liquidity alternatives, positioning for a sale, refinancing seller or bank notes, or looking to acquire a business Pendo can assist. Pendo’s professionals can provide a single or dual-track strategy for business owners contemplating various alternatives. This flexibility is intended to allow ownership the knowledge to make the most informative decision regarding the liquidity event or transition of ownership without being pushed in one direction by the financial advisor.
ESOP Sustainability Concerns
Pendo works with our clients to review cash flow needs and assess the ability to operate from a cash flow perspective. Our cash flow modeling incorporates ESOP loan restructuring, ESOP loan re-leveraging, share repurchases, and other pending obligations.
ESOP Valuations and Transaction Opinions
One of the keys to a successful ESOP is an experienced and professional independent financial advisor. Pendo’s professionals have provided independent valuation opinions and fairness opinions for ESOPs of all sizes and industries, and have in-depth knowledge regarding the unique features affecting ESOP valuations. In addition Pendo’s professionals can provide valuation consulting and opinions to fiduciaries involved in DOL corrective actions.
Pendo incorporates a robust technical and final review process on all ESOP and ERISA transaction opinion engagements which must be approved by our senior review committee before issuance.