Jensen Builders Ltd sale to ESOP

BCC Advisers leveraged its extensive ESOP (employee stock ownership plan) experience to facilitate the sale of Jensen Builders Ltd. by its management to a newly constructed ESOP. The owners provided 100% seller financing after evaluating 3rd party debt options. BCC assisted management in the preparation of financial forecasts, and negotiated the valuation, structure, and other transaction terms with the ESOP trustee on behalf of the owners. Jensen Builders is a full-service Design-Build general contractor specializing in masonry, concrete, wood, and steel buildings in the state of Iowa. Jensen serves a wide variety of commercial & agricultural construction clients including senior and assisted living facilities, healthcare facilities, office buildings, retail centers, restaurants, fast food facilities, school buildings, and grain handling and storage projects.