Apis & Heritage Capital Partners’ Post

Anyone wanting to get smart on employee ownership should read through this post and learn about the people and organizations at the forefront of this movement. Michael Morosi eloquently highlights that there is so much opportunity for #growth and #impact. #employeeownership #wealthbuilding

Agreed, Apis & Heritage Capital Partners. Southeast Acquisition Capital is of the same "vintage" of pre-COVID, Millennial-led employee ownership investment firms. We saw the exploding wealth inequality, the budding labor shortage, and the disinvestment in communities across the country and found a solution in the form of employee ownership. It's been amazing to watch the awareness grow year by year. We have drawn inspiration from leaders in employee ownership like Peter Stavros, Mary Sullivan Josephs, Steve Storkan, American Working Capital, LLC and Mosaic Capital Partners, who, in turn, built on the work of Joseph Blasi, Corey Rosen, Louis Kelso, and even George Jenkins, the founder of Publix Super Markets. We are building businesses with the help of advisors like Sean-Tamba Matthew, Maria Thiel, CPA, Mike Brady, and Ellen Frank-Miller, PhD. Employee ownership is enjoying a bit of a moment, but it's just getting started. Fewer than 15% of US workers participate in the ownership of their companies, and less than 2% of privately-held US businesses are broadly employee owned. When we talk to business owners, we're often the first people in their orbit to discuss selling their business to their employees in any form. Despite the momentum behind employee ownership, it will be years before we lose a deal to another firm pursuing employee ownership investments, and I honestly can't wait for that day to come. It will mean that many more US workers are building real wealth by owning their work, and this wealth will be making its way back to communities and the institutions that build them up and hold them together. While there is a healthy debate about the direction of shared ownership, I am an unabashed proponent of the big tent approach to EO because of the sheer variety of the US business landscape. I think of the work that Zoe Schlag is doing with EOTs at Common Trust. I think of the work that Evan Edwards and Alison Lingane are doing with educating advisors on ESOPs and co-ops at Project Equity. I think of HoldCo leaders like Chris Fredericks at Empowered Ventures, Joseph Cureton at Obran Cooperative, and Bob Whalen at HB Global, LLC.,. I think of the audacity of Teamshares. We need all of this and more. In terms of what's next, I see the Ownership Works model moving downmarket to middle-market PE. At the small end, the Search Fund community (Pacific Lake, NextGen Growth Partners, and Relay Investments) should consider what a cap table that included all employees could do for the risk-reward of their asset class. Long-term investors like Permanent Equity, Chenmark , and Kanbrick should also consider adopting EO. And finally, to really scale EO we need the institutional cavalry. I'm looking at you Cambridge Associates, Mercer, and WTW. I'm inclined to view the recent mainstream media validation as the starting point of a new and even more dynamic period in the growth of employee ownership. There is plenty of room, who else would like to join?

Learn about the benefits of employee owned companies and then look at the openings at HDR so you too can become an employee owner.

Employee ownership models have been making the headlines recently as investors increasingly see them as a means to boost company financial performance and build wealth for both owners and employees. In the latest episode of the Better Money Better World podcast, Daniel Pianko of Achieve Partners is joined by Todd Leverette of Apis & Heritage Capital Partners, a mezzanine debt private equity fund that converts profitable companies from private ownership into 100% employee ownership all the while paying the selling owners a fair price and ensuring employees will be the future beneficiaries of the company’s success. “Done the right way, employee ownership will make companies better. You will reduce turnover, your workers will be happier, and you will align the interests of the people who are working for you with the interests of the company, and that’s the most valuable thing you can do apart from having a good product or service,” said Leverette. Listen here: https://lnkd.in/e63Xf7kt

Interesting discussion on private equity vs employee ownership. Worth to listen too as it is an open conversation. Interessante discussie over #privateequity vs #employeeownership. Zeker de moeite om te luisteren, openhartig gesprek. Thanks for the share Hung Lee!

The second episode of Generations In Workers’ Compensation was released today! Check it out here https://lnkd.in/e3YYsFKf. Stay tuned for the next episode, Retaining Talent in the Workers' Comp Industry and uncover valuable insights that you won’t want to miss!   #generationsinworkerscomp #womeninworkerscomp #workerscompensation #vlogseries #influentialleaders #generations 

Attention all HR Managers Explore a dynamic mix of engaging activities and financial wellness initiatives to boost morale, productivity, and team spirit. From classic games to creative challenges, ignite collaboration and spark creativity in our workplace. Access free tax planning and wealth management consultations to empower your team's financial decisions for a secure future. Personalized sessions cater to diverse interests and well-being needs. Explore personalized nutrition consultations and gain insights through Tarot card readings to nurture holistic well-being, enhancing productivity and satisfaction. #TigerFintech

New episodes of the Benefits Buzz are dropping shortly! 🎉 Can't contain your excitement to soak up benefit wisdom from our savvy partners? How about diving into our 2023 podcasts while you wait? 🎙️ Tune in as Adam Mason and Michael Tigwell from Benefex unpack the key findings from Benefex’s 2023 Evolution research report, gathered from 2,000 global employees and employers. They share what employees truly value, and where reward leaders are focusing their efforts. 🎯 Adam and Michael delve deep into the data, uncovering important takeaways that can help organizations enhance their employee experience and drive engagement. 🚀 https://lnkd.in/eVJ36d7z #globalrewards #SVEFbenefitsbuzz #podcast #employeeengagement #bestpractices #employeebenefits

In the competitive landscape of #EmployeeEngagement it's hard to stand out, there are so many companies doing the same kind of stuff so it's getting more difficult to get noticed - especially when up against some very well-known players (you know the kind whose name alone gets them business - regardless of how poor the service actually is). Peachy Mondays is always innovating because of what we believe to be true - #EmployeeListening is one of the most important things an organisation should be getting right, and providing a better #EmployeeExperience benefits everyone = resulting in a company that will thrive. The stuff we're working on is game-changing - and I don't use that term lightly. When the time comes, you'll be intrigued at what we're announcing, then amazed when you see it. (of course if you want a sneak peak you know where to find me)

🔍️ Part 2 of our empowering private companies with the knowledge they need to thrive blog series is HERE! Introducing "Employee Equity and Management," the essential guide to unraveling the complexities of equity in your business. 📚️ In this series, we're diving into key topics vital for private company success. Education-based content is our compass for steering your company toward excellence. Sneak peek of what's coming your way: 📌 Blog 1: A Startup Guide to Equity Management 📌 Blog 2: Employee Stock Option Plans vs. Management Buyouts: Understanding the Differences 📌 Blog 3: Educating Your Employees About Their Equity Benefits 📌 Blog 4: What Is an Employee Stock Purchase Plan (ESPP)? Top 5 Benefits of Joining 📌 Blog 5: Stock Options vs. RSUs: Deciphering the Differences 📌 Blog 6: Top 5 Mistakes to Avoid When Issuing Stock Options 📌 Blog 7: Can I Exercise Stock Options Early (and Should I)? 📌 Blog 8: Demystifying Employee Stock Plans and Onboarding Strategies 📌 Blog 9: Stock Options 101: Guiding Early to Late-Stage Companies 📌 Blog 10: Addressing the Great Resignation: Leveraging Employee Stock Programs Join us as we empower private companies with the knowledge to thrive! Stay tuned for insights that steer your company toward success. 🚀 💼 #EmployeeEquity #BusinessEmpowerment #EquityEducation #CompanySuccess #BlogSeries #EmployeeBenefits #StockOptions #RSUs