PCE Investment Bankers successfully facilitated an ESOP transaction for The Kleingers Group, enhancing employee empowerment and preserving company culture.

Information on the Target

PCE Investment Bankers recently facilitated an Employee Stock Ownership Plan (ESOP) transaction for The Kleingers Group, a prominent provider of engineering, surveying, and landscape architecture services within Ohio and its neighboring states. Established over three decades ago, The Kleingers Group has earned a strong reputation for delivering innovative design solutions and outstanding client service in its sector. This transition to an ESOP aims to enhance employee empowerment, uphold the company culture, and guarantee its long-term operational independence.

PCE served as the exclusive financial advisor in this transaction, providing comprehensive services that spanned shareholder education, transaction structuring, capital raising, and execution support. This proactive approach ensured a seamless closure of the transaction, aligning with The Kleingers Group's strategic objectives, such as empowering employees through complete ownership transition.

Industry Overview in Ohio

The engineering services industry in Ohio is characterized by robust growth fueled by a rising demand for infrastructure development and urban planning. With the state's diverse geographical landscape and significant resources, Ohio’s engineering