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Tag Archives: ESOP

MTSI Transitions to Employee-Owned Structure; Kevin Robinson Comments

Modern Technology Solutions Inc. has become a 100 percent employee-owned company after the Alexandria, Virginia-based engineering services and technology services contractor completed an employee stock ownership plan launched in 2008. Kevin Robinson, CEO and president of MTSI, said in a statement released Tuesday that the move to a full employee-owned structure …

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American Systems Chief Peter Smith Cites Employee Commitment as Company Turns 40

TYSONS CORNER, VA March 17, 2015 — Executive Mosaic — GovCon Executive reported Monday on American Systems CEO Peter Smith’s remarks last week to mark the company’s 40th year of foundation. Smith, who has been with the company since August 1980, acknowledged the role of employee-owners to the Chantilly firm’s growth throughout …

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McLean Group’s Mitchell Martin: Sellers Have Wider M&A Market Options

Mitchell Martin, a principal at McLean Group LLC, said the M&A market looks well from the seller’s perspective as both traditionally active public buyers and smaller firms who filled the gap when the former sat on the sidelines last year are now playing the field. M&A activity for the first …

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Aviation Services Firm NTA Moves to Employee-Owned Structure

Aviation services firm National Technologies Associates has concluded a recapitalization initiative by implementing a 100-percent employee stock ownership plan. The company aims to take advantage of tax benefits as an employee-owned firm and free up cash flow that it can invest in business expansion efforts,  according to a statement from Bluestone Capital …

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