Employee Buyouts Healthy, profitable companies are frequently put up for sale for a variety of reasons. These firms are typically purchased by management through a leveraged buyout, or by corporate or private investors who may or may not be sympathetic to the needs of their employees. New owners may even move the healthy company to lower-wage regions in search of even greater profits. Rather than risk such situations, employees can preempt these possibilities by actively pursuing a buyout. No special condition or threat need loom over employees for them to want to own and influence the company in which they spend the bulk of their daily lives.
Employee ownership is in itself a compelling goal.
To learn more about the ESOP process, view our Employee Buyout Slide Show . Its parent company, burdened with excessive debt, decided to divest assets to reduce its debt. Management and the United Steelworkers engaged ACS to pursue an employee buyout and to assist them in developing a business plan to take greater advantage of its world class melt and forge operations. Outsourcing of Jobs and Plant Relocation Workers have been displaced in large numbers as plants and jobs are relocated overseas. Under the right circumstances, ACS can help structure an employee buyout to gain ownership and thereby influence the company's policies.