ESOP Resources

In late January, President Joe Biden named economist Jared Bernstein to the White House Council of Economic Advisors. Only days earlier, Bernstein published a major study on employee stock ownership plan adoption.

In the late 1990’s, Lawrence Kaplan was working on the sale of an established garment manufacturer. Facing a looming tax burden and buyers that didn’t appreciate his client’s value, the accounting consultant couldn’t make financial sense of an outright sale.

The Paycheck Protection Program (PPP) has been a lifeline for many businesses during the Coronavirus pandemic. But for businesses in the midst of transactions, and their financial partners, the program has been a double-edged sword.

Each year, the National Center for Employee Ownership (NCEO) recognizes the US’s largest ESOPs companies. The newly released 2020 EO 100 features multiple CSG clients, including NCEO’s #2 ESOP in the country.

After 30 years of financial services leadership at top national and regional institutions, Patrick Trask has joined the CSG Partners team as a managing director.

CSG Partners took home top honors at the 2020 USA M&A Altas Awards. The gala, held March 5 in Washington DC, highlighted top firms and transactions across the across the M&A industry, including employee stock ownership plan deals and specialists.

Starting in 2021, businesses with newly established employee stock ownership plans will have until the extended tax corporate return due date (September 15, 2021) to make tax-deductible, 2020 contributions.

The CSG Partners team closed out the 2019 awards season with major wins at The M&A Atlas Awards - Americas and The M&A Advisor Awards.