Part 2. Bret Keisling is joined by Keith Butcher, who discusses the interplay between private equity and ESOPs, including what opportunities private equity firms see in ESOP investments, returning the entrepreneurial and strategic spirit that sometimes get lost when company founders retire, and his view that it's better for ESOPs to maintain a minority position with private equity investment than risk going out of business without it.
Keith Butcher is managing partner and co-founder of ButcherJoseph & Co., a national investment banking firm focused on middle market M&A and ESOP advisory.
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Episode 260 Show Notes
Learn more by listening to previous episodes featuring ButcherJoseph professionals:
The EsOp Podcast Episode 259: Keith Butcher, of ButcherJoseph, Part 1; with ButcherJoseph & Co. co-founder Keith Butcher.
The EsOp Podcast Episode 209: Rising Interest Rates & ESOP Valuations; with ButcherJoseph & Co. managing director Albert del Pilar.
The EsOp Podcast Episode 220: Succession Planning - Starting the Process; with ButcherJoseph & Co. VP Carter Smith.
The EsOp Podcast Episode 224: Challenges for Mature ESOPs with Jeff Buettner; with ButcherJoseph & Co. managing director Jeff Buettner.
Episode 260 Guest
About Keith Butcher
Keith Butcher, managing partner at ButcherJoseph & Co., is an experienced speaker and financial thought leader. Keith co-founded ButcherJoseph in 2011 as a national investment banking firm focused on middle market M&A and ESOP advisory. That same year, Keith also co-founded Mosaic Capital Partners, the preeminent employee ownership private equity firm, focused on investing in lower middle market companies through an ESOP buyout.
For more than two decades, Butcher has been a leading advocate for employee ownership and inclusive capitalism. His team’s initiatives have enabled more than 400 companies to establish broad-based employee ownership, benefiting more than a million employees by allowing them to share in the equity they help generate.
Recently, Mr. Butcher testified for the House Small Business Committee’s hearing that examined the ability of employee-owned companies to access capital from the SBA.
Currently, he sits on the boards of six companies with broad-based employee ownership. Five of these companies are based in the United States and one in Europe.
We'd love to hear from you. You can find us on Facebook at EO Podcast Network and on X [Twitter] @EsOpPodcast. This podcast has been produced by Bret Keisling for the EO Podcast Network. Original music composed by Max Keisling. Branding and marketing by BitsyPlus Design.
Standard Disclaimer: The views expressed herein are my own and don't represent those of my own firms or the organizations to which I belong. Nothing in the podcast should be construed as guidance or advice of any kind in any field and the fact that I mentioned an organizational website or an advocate or a company on a podcast does not reflect an endorsement, but if you've heard your name or your group's name mentioned on this podcast, I'd love to have you come on and talk about it yourself.