Are you thinking about selling your heavy civil construction or general contracting company? If so, you may be wondering what your best options are for succession and transition. In the majority of industries, business owners are often confronted with one of two options– a sale to a strategic acquirer or to a financial buyer (e.g., private equity).
However, for heavy civil and general contractors, the buyer pool is often more limited, primarily consisting of large, well-capitalized public strategics. This is because heavy civil and general contractors don’t align well with the leveraged acquisition strategies that financial buyers typically employ.
This article includes:
- M&A realities
- ESOPs by the numbers
- What is an Employee Stock Ownership Plan, and Why are they an Attractive Option?
- Is an ESOP Right for You and Your Construction Business?