BDO Capital Advisors facilitated the sale of J.H. Findorff & Son, Inc. to an Employee Stock Ownership Plan, promoting employee engagement and continuity while positioning the company for future growth.

Target Information

BDO Capital Advisors, LLC (BDO Capital) has successfully facilitated the sale of all shares of J.H. Findorff & Son, Inc. to an Employee Stock Ownership Plan (ESOP). Founded 134 years ago, Findorff is a prominent construction company based in Wisconsin, recognized as one of the top 100 contractors in the United States, as reported by Engineering News-Record (ENR). The firm offers a wide array of construction services, including preconstruction, general contracting, and construction management, all with a strong focus on delivering quality craftsmanship and ensuring client satisfaction. With over 1,000 dedicated professionals and tradespeople, Findorff operates from locations in Madison, Milwaukee, and Wausau.

This strategic move towards an ESOP not only highlights Findorff's commitment to employee engagement but also ensures the continuation of the company's legacy and culture. This shareholder group identified a succession plan that would empower future generations of employees to become beneficial owners, ensuring their involvement in the company’s ongoing success.

Industry Overview in Wisconsin

The construction industry in Wisconsin plays a crucial role in the state’s economy, employing thousands and facilitating significant infrastructure projects. In recent years, Wisconsin's construction sector