SiteWorks now employee owned
Co-founder Chris Malham says the process to employee stock ownership plan prepares the company for a future and thanks employees who have been with the company from the beginning. read more
Odyssey Landscaping becomes employee owned
Odyssey Landscaping transitioned to employee ownership by becoming a 100 percent employee-owned company through the sale of stock to an ESOP. read more
Employees buy out Mi-T-M Corp.
Mi-T-M Corp. employees in Iowa have purchased the company from its founder through an employee stock ownership plan (ESOP). read more
West Coast tree company transitions to employee ownership
Arborwell transitioned to employee ownership by becoming a 100 percent Employee Stock Ownership Plan (ESOP) Trust, on Jan. 1. The Hayward, Calif.-based tree care company’s 200 employees became beneficial owners through the ESOP. Peter Sortwell, founder of Arborwell, views this as a natural step consistent with the firms’ recognition of employee contributions to the success of the company and his... read more
That’s ‘associate’ to you
Be careful, landscape business owners. Garden Design’s story shows how a disrespected employee may end up as a successful crosstown rival. Andrew Haynes’ business card reads associate, not owner, CEO or founder of Garden Design in Farmers Branch, Texas, though at one point in time he’s been all those things. And don’t let him hear you calling his coworkers his... read more
NCEO dubs Davey largest ESOP service firm in the U.S.
The Davey Tree Expert Co. is the largest employee-owned service firm in the U.S., according to data from the National Center for Employee Ownership (NCEO). The NCEO’s 2014 Employee Ownership 100 list includes the nation’s largest companies that are at least 50 percent owned by an employee stock ownership plan (ESOP) or other broad-based employee ownership plan. Davey, which employs 7,800... read more
