Stock Purchase Agreement for an Electrical Contracting ESOP
Kegler Brown Hill + Ritter acted as counsel to a Florida-based electrical contracting company’s Employee Stock Ownership Trust (“Trust”), established pursuant to the Employee Stock Ownership Plan, in the negotiation of a stock purchase agreement whereby the Trust purchased 100% of the issued and outstanding company stock.
The Kegler team was tasked with negotiating the terms of the letter of intent and stock purchase agreement, conducting due diligence review, and negotiating the various ancillary documents required to consummate the transaction. Additionally, Kegler’s attorneys were tasked with reviewing the various internal restructuring processes of the target Company.
