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, transitions, and foundings.
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!
Ownership Economy Deals
November 2026
PPT Organically Grown Company (OR) acquires Soully Organic - Heath and Lejeune (CA)
🇬🇧 Frank Rogers Building Contractors → majority EOT, with the family retaining 25%
🇬🇧 BSP Consulting, civil and structural engineering consultancy → EOT
HCVT, an accounting and business advisory firm, rebrands to Holthouse (CA) → ESOP
🇬🇧 Edenstone, housing developer → EOT
Bugler Group, affordable housing construction → EOT
Baldwin & Shell Construction (AR) → ESOP
October 2026
HMS Motorsports, LTD (NC) → EOT
ContactUS Communications, Inc (OH) → ESOP
🇬🇧 Sandy Mount House, boutique hotel → EOT
Wendler, Inc (IA), civil construction firm → ESOP
The O’Connell Companies (MA), construction and real estate → majority-owned ESOP
🇬🇧 Rebellion Beer Company → EOT
Mission Health (FL), long-term senior care chain → ESOP
🇬🇧 Two Welsh companies —3P Technik (stormwater treatment and rainwater harvesting) and Celtic Sustainables (building products)— merge into a single EOT, Celtic House Holdings Limited
Fidelity Manufacturing (FL) → ESOP
Reynolds & Moore (TX), industrial automation company → ESOP
Parkway Electric & Communications (MI) → ESOP
FIELDS (GA), sports fields contractor → ESOP
MaMa Jean’s Natural Market (MO) → ESOP
Music Box Supper Club (OH), music venue and restaurant → Ohio’s first EOT
WEBIT Services (IL) partners with Buildkin → ESOP
🇬🇧 Bell Contracting, civil engineering and groundworks firm → EOT
🇬🇧 Landmark, luxury branding agency → EOT
September 2026
Celsius Companies (PA) combines ETA with ESOPs
Earth Sky + Water (NH), publisher → worker co-op
James Alexander (NJ), manufacturer → ESOP
Ellis Construction (WI) → ESOP
Cafe Imports (MN) → ESOP
Rockford (MI), construction firm → ESOP
Lark Electric (KY) merges with American Gridwork Partners (TN)
Tropical Foods (MA), grocery store → ESOP
BoekenBalie, Netherlands bookshop → steward-owned
DCW Cost Management (WA), logistics firm → EOT
Mason Builders (CA) → ESOP
BPAS (NY), national provider of retirement and benefit plans, acquired ESOP One (NY), a technology platform
Infinity Today (NJ) → ESOP caregiving agency
Rise & Shine Social Enterprise (OR) → ESOP caregiving agency
Knox & Wells (UK), building contractor → EOT