1. SOLUTIONS
“NEP’s investment in Marco benefited the ESOP participants
and unlocked the capital the company needed to expand to
new markets.”
Tim DeVries
Managing General Partner
Norwest Equity Partners
“The biggest decision in the 43-year history
of our employee-owned technology services
company was selling the business, and it was
one we didn’t take lightly. Our Employee Stock
Ownership Plan (ESOP) had served us well, but
as a result of strong financial performance, our
stock appreciated 1,400 percent over 10 years.
This created a number of challenges, including
stock repurchase obligations for upcoming
retirements of long-term employees.
Using cash to buy retiring employees’ stock
would have impacted our national growth.
NEP and its team helped guide us to the right
solution.”
Jeff Gau
Chief Executive Officer
Marco
“Lindquist’s expertise with ESOPs and private equity
experience allowed us to help structure and implement a
workable solution for everyone on an accelerated timeline.”
Chuck Moorse
Partner
Lindquist & Vennum
UNLOCKING
Unlock solutions for your business at lindquist.com