Best practices to confront this challenge By John Howman – May 11, 2020 The COVID-19 crisis is clearly the black swan event of your business career and maybe even your life. While we’re still faced with an unprecedented amount of uncertainty, I found this quote from retired U.S. Amy Gen. Stanley McChrystal comforting: “If this […]
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ESOP Holding Companies as a Diversification Strategy
The CEO of Bowling Green, Kentucky-based Houchens Industries announced his retirement this month. Houchens is an “ESOP holding company” that has 40 businesses and 16,000 employee-owners and total annual revenue of more than $3 billion. As noted in the article, the Company started in 1917 as a grocery store, but has since “diversified into manufacturing, insurance, hardware, food […]
QComp Breaks Ground on Expansion, Continues to Hire
What: QComp Technologies, a robotic systems integrator, will break ground on a 10,000-square-foot addition to its production facility in Greenville. The expansion, which is scheduled for completion this fall, is in response to an increase in demand for its robotic automation systems in the United States and Canada from new and existing clients. To meet […]
OwnersEdge Acquires Two Minneapolis Companies, Names EVP, Moves HQ
OwnersEdge Acquires Two Minneapolis Companies, Names EVP, Moves HQ Sixth Acquisition in Four Years for Waukesha-based ESOP Holding Company Waukesha, Wis. (May 21, 2019) – OwnersEdge, Inc., a local 100% employee-owned holding company, has acquired two Minneapolis businesses – Rhino Communication Rentals and Infinity Wireless, Inc. Rhino will join OwnersEdge as a portfolio company while […]
OwnersEdge CEO goal: $200M tech holding company
In just three years, Lisa Reardon has grown OwnersEdge Inc. into an $80 million employee-owned holdings corporation with more than 320 employees across Wisconsin. As CEO and chairman of OwnersEdge, she also holds the title of CEO of the four companies the Brookfield-based company acquired over the years – video and voice communications company Baycom […]
OwnersEdge Acquires Robotic Systems Integrator
Brookfield, Wis. (May 9, 2018) – OwnersEdge Inc., an ESOP holding company based in Brookfield, has acquired QComp Technologies, a robotic systems integrator in the Fox Valley that serves clients throughout the United States and Canada. OwnersEdge now has four 100% employee-owned companies – BAYCOM Inc., CC&N, QComp Technologies, and TourGuide Solutions – and more than 300 employees. “QComp has been on a […]
OwnersEdge Expands as Portfolio Company Makes Acquisition
Brookfield, Wis. (May 17, 2017) – As of May 15, BAYCOM, an affiliate company in the OwnersEdge portfolio, has acquired Communications Service Wisconsin (CSW). CSW, which has 22 employees, is headquartered in Portage with field locations in Madison and La Crosse. CSW specializes in turnkey communications system engineering, implementation and maintenance for the public safety and commercial markets. […]
OwnersEdge, Inc. Named a 2017 Top 10 Business of the Year
Brookfield, WIS. (May 5, 2017) – OwnersEdge, Inc. was named a 2017 Top 10 Business of the Year by the Waukesha County Business Alliance and media partner BizTimes Media LLC. The annual awards program recognizes companies headquartered in southeastern Wisconsin that have consistent financial growth, and demonstrate a commitment to good business practice through their […]