DiscoverAcquiring MindsHow to Build a $100m Holdco: The Power of ESOPs
How to Build a $100m Holdco: The Power of ESOPs

How to Build a $100m Holdco: The Power of ESOPs

Update: 2025-04-17
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With 300 employees across 5 companies, the holdco that Chris Fredericks is building has an uncommon feature at its core.

Topics in Chris’s interview:

  • What is an Employee Stock Ownership Program (ESOP)?
  • Finding purpose and meaning at work
  • Concept of dignity at work
  • What ESOP employees do and don’t vote on
  • Using an internal podcast to communicate about employee ownership
  • Mitigating risks in ESOPs
  • Employee reactions to being acquired
  • Selling employees on the ESOP concept
  • His role as investor, not operator
  • Keeping a bad hire for too long

References and how to contact Chris:

Get $200 off your ticket to the M&A Launchpad Conference in Houston on May 3rd:

Download the New CEO’s Guide to Human Resources from Aspen HR:

Get a free review of your books & financial ops from System Six (a $500 value):

Get a complimentary IT audit of your target business:

Connect with Acquiring Minds:

Edited by Anton Rohozov
Produced by Pam Cameron

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How to Build a $100m Holdco: The Power of ESOPs

How to Build a $100m Holdco: The Power of ESOPs

Will Smith