Columbus landscaping company sold to employees
GreenScapes Landscape Co., a Columbus, Ohio, based commercial and residential landscaping company, has been sold to its employees in an employee stock-ownership plan (ESOP), reports Columbus Business First. Bill Gerhardt, founder and president of the 42-year-old company, sold the operation to 75 full-time employees. The ESOP allows the employees to have an ownership stake in the firm through a trust.... read more