Ownership Deals

Recent mergers and acquisitions by employees, workers, and other stakeholders. North America-focused, for now. Updated ~weekly.

We love data. In fact, The Stakehold’s first research project was compiling a database of purpose trusts in the US. This is our next data project—a list of ownership economy mergers, acquisitions, conversions, and transitions.

We are also experimenting with a paywall for the first time. Upgrading your subscription will get you access to prior deals—so far, through 2026. We will add more months and/or more detail as we learn from you what is useful.

If you see a deal missing, let us know!

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Ownership Economy Deals

August 2026

• DLR Group (NE), an ESOP, acquired McFarlane Architects (CA)

• Horner & Shifrin (IL), an ESOP, acquired traffic engineering firm O’Neil & Company (UT)

• KKR acquired healthcare manufacturer Integer (TX) → broad-based incentive plan

July 2026

• Boat manufacturer Grady-White (NC) → purpose trust ownership

• Veterinarian Windsor Animal Clinic (CT) → direct employee ownership

• Chemical manufacturer ETNA Products (OH) → ESOP

• Restaurant Pidgin Cooperative (WA) → worker cooperative

• Construction company Richard (IL) → ESOP

• Grocery chain Decker’s Market → ESOP

• Armstrong Garden Centers (CA), an ESOP, acquired Pike Nurseries (GA)

• Gemini Industries (OK), an ESOP, acquired Industrial Coating Solutions (WA)

• Candy store b.a.Sweetie (OH) → ESOP

• EPS Group (AZ, CO) → ESOP

• Organic Remedies (PA) → ESOP

• Taylor Automotive Family (OH) → ESOP

• Miller-Valentine Group (OH) → ESOP

• Rayser Holdings (IA), an ESOP, acquired Memorials by Michael (IA)

• North Arrow ABA (MI) → ESOP

• ROST (MO) → employee ownership trust

• Healthcare consultancy Costello Medical (🇬🇧) → employee ownership trust

• Design firm Dalziel & Pow (🇬🇧) → employee ownership trust

• Psychotherapy firm MCM Collaborative (NY) → worker cooperative

• Cleaning company Churchill (🇬🇧) , an employee ownership trust, acquired Principle Cleaning Services