Intermediate ESOP topics. This 90 minute webinar includes details on (a) how ESOPs are structured and financed, (b) the tax differences between S corporation and C corporation ESOP owned companies, (c) who runs and controls an ESOP owned business, and (d) how ESOP shares are valued compared to other sale options. Recommended prerequisite is Module 1.
Understand the differences between C corporation strategies and S corporation strategies
Understand how valuation issues interrelate with the timing of tax law changes
Understand the pros and cons of seller financing versus bank financing
Kyle Coltman has worked extensively in the design of employee buyouts since joining the firm in l979. During this time he has supervised several hundred ESOP buyouts for owners of privately-held firms. Mr. Coltman’s responsibilities encompass all phases of deal structuring, financing and coordination of ongoing services. Mr. Coltman graduated with honors from the University of California, San Diego, receiving a B.A. degree in Economics. He received his M.B.A. degree in finance at the University of California, Berkeley.
Prior to joining Menke & Associates 15 years ago, Mr. DeDominicis spent three years as Director of Investment Banking for the Mergers & Acquisitions Group of Citigroup in New York, focusing on change of control advisory assignments to middle-market companies. Prior to that, Mr. DeDominicis spent ten years as Director of Investment Banking for the Mergers, Acquisitions & Private Finance Group of Morgan Stanley. Mr. DeDominicis received his degree in Chemical Engineering from the University of Delaware in 1985, and his MBA degree in Finance and Accounting from the Anderson Graduate School of Management at UCLA in 1989.
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