Private Equity / Buyouts Episodes

Phil Reeves and Michael Brownrigg, co-founding partners of Apis & Heritage Capital Partners, discuss their employee-led buyout (ELBO) strategy that converts lower middle-market businesses to employee ownership. They detail how they sourced and structured the Blooming Nursery transaction (Cornelius, Oregon), including screening criteria, diligence on agriculture-specific risks like seasonality and weather. They explain ESOP mechanics, trustee oversight, tax advantages, multilingual employee...