Articles from Verit Advisors, LLC

Chicago, IL, May 28, 2025 (GLOBE NEWSWIRE) -- Verit Advisors®, a Chicago-based investment banking firm, was engaged by New York-based Iovino Enterprises to provide expertise in structuring and executing an Employee Stock Ownership Plan (ESOP) transaction and debt capital raise that optimized the Company’s and shareholders’ objectives.  The Verit team was honored to support Iovino Enterprises in this monumental transition which will create meaningful employee benefits and preserve the founder’s legacy for years to come.

Chicago, IL, May 27, 2025 (GLOBE NEWSWIRE) -- Verit Advisors LLC® is pleased to announce that Matthew J. Anderson (Matt) has joined the firm as Principal. Matt will focus on transactions, restructurings, and advisory services including ESOPs, M&A, and strategic alternatives for Verit’s diverse client base. Matt will also assist in functions such as valuation analysis, financial modeling, market research and business development.

Chicago, IL, April 09, 2025 (GLOBE NEWSWIRE) -- Mary Josephs and John Solimine of Verit Advisors® will present at the 2025 Annual Employee Ownership Conference in Salt Lake City, Utah April 14 through April 17, 2025, hosted by the National Center for Employee Ownership (NCEO).  This conference provides education about best practices and industry trends in employee ownership.

Chicago, IL, April 07, 2025 (GLOBE NEWSWIRE) -- Mary Josephs, Founder & CEO, Verit Advisors® will host a fireside chat at the Employee Ownership Ideas Forum, hosted by the Institute for the Study of Employee Ownership and Profit Sharing and The Aspen Institute Economic Opportunities Program on Wednesday, April 9, 2025 in Washington, D.C. This year’s forum, “From Workers to Owners”, will highlight how the experience of ownership changes the reality of work for workers.

Chicago, IL, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Verit Advisors® will participate in the largest ESOP conference and trade show which will be held in Las Vegas on November 13-15, 2024, and hosted by The ESOP Association. Over 2,000 attendees are expected.

Chicago, IL, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Mary Josephs, Founder & CEO, Verit Advisors® will moderate a panel at the Conscious Capitalism CEO Summit in Austin, TX on October 23, 2024.This event is a premier invite-only experience for CEOs, Founders, and Presidents who want to build strong profitable businesses with “Conscious Leadership”.

Chicago, IL, April 17, 2024 (GLOBE NEWSWIRE) -- Mary Josephs and Jake Cravens of Verit Advisors® will present at the 2024 Annual Employee Ownership Conference in Tampa, Florida April 29 through May 1, 2024 hosted by the National Center for Employee Ownership (NCEO).  This conference provides education about best practices and industry trends in employee ownership.

Chicago, IL, April 04, 2024 (GLOBE NEWSWIRE) -- Mary Josephs, Founder & CEO, Verit Advisors® will moderate a panel at the Employee Ownership Ideas Forum 2024: Employee Ownership on the Ground on April 10, 2024, in Washington, D.C. The event is hosted by the Aspen Institute Economic Opportunities Program and The Institute for the Study of Employee Ownership and Profit Sharing at Rutgers University.  

Chicago, IL, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Verit Advisors®, a Chicago-based investment banking firm, was engaged by Stacy Witbeck to provide a comprehensive strategic alternatives analysis and support the execution of a 100% ESOP transaction. Verit provided expertise in ESOP structuring, valuation and debt capital markets. Stacy Witbeck, based in Alameda, CA, is a full-service contractor that can manage, and self-perform, the entirety of heavy civil infrastructure projects, from start to finish.

Chicago, IL, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Verit Advisors® will participate in the largest ESOP conference and trade show which will be held in Las Vegas on November 8 - 10, 2023 and hosted by The ESOP Association. The conference will be hosted in a hybrid format to support in-person and virtual attendance.

Chicago, IL, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Verit Advisors®, a Chicago-based investment banking firm, was engaged by Chicago-based EA Collective to provide expertise in structuring an Employee Stock Ownership Plan (ESOP) transaction and capital raise that optimized the Company’s and shareholders’ objectives. Through the ESOP, the employees of EA Collective became 100% shareholders of the Company.  EA Collective, founded in 1999, is a premier full-service brand experience agency that caters to brands with diverse creative and production needs.

Chicago, IL, April 19, 2023 (GLOBE NEWSWIRE) -- Three Verit Advisors® Employees Will Speak at the NCEO Employee Ownership Conference

Survey Shows ESOP Leaders’ Enthusiasm for the Structure Rises Over Time; Perceived Benefits Overwhelmingly Outweigh Regulatory Challenges

Chicago, IL, Nov. 04, 2022 (GLOBE NEWSWIRE) -- Verit Advisors® will participate in the largest ESOP conference and trade show which will be held in Las Vegas on November 9 through 11, 2022 and hosted by The ESOP Association. The conference will be hosted in a hybrid format to support in-person and virtual attendance.