CSG Partners Advises SoundEarth Strategies on Sale to ESOP

Jan 17, 2011, 08:04 ET from CSG Partners, LLC

SAN FRANCISCO, Jan. 17, 2011 /PRNewswire/ -- CSG Partners, LLC, the boutique investment banking firm, announced that it served as financial advisor to SoundEarth Strategies, Inc. on its recent sale to an Employee Stock Ownership Plan (ESOP).

SoundEarth, one of the nation's leading environmental engineering firms, provides environmental investigation, site remediation and brownfield redevelopment, engineering, and water resource services. The company is headquartered in Seattle, and operates additional offices in Oregon, Colorado, and California.

The CSG Partners transaction team was led by Eitan Milstein, a Managing Director in its San Francisco office. Milstein commented, "We're proud to have worked with a leading organization like SoundEarth. Under the current economic conditions, ESOPs are enjoying a surge in popularity because they provide an attractive and tax efficient liquidity alternative for business owners while allowing employees to share in the company's success."

"The ESOP was an excellent 'win-win-win' alternative for the owners and present and future employees," commented Berthin Hyde, the CEO of SoundEarth. "The ESOP is an excellent way to reward our extraordinary employees for their continued contribution, dedication, and hard work.  We are proud to be able to do this and are particularly grateful to our clients over the past ten years that helped make it all possible."

SoundEarth's Chief Administrative Officer, Sabrina Kis added, "We were very fortunate to have Eitan Milstein, Alex Mumblat and the CSG Partners' team lead us through the ESOP process. Their level of expertise, professionalism, and responsiveness to our needs was absolutely outstanding."


CSG Partners, LLC is a boutique investment bank specializing in ESOPs, mergers and acquisitions, and capital advisory services for middle-market companies. Founded in 2001, the firm has built a reputation of having the nation's preeminent ESOP investment banking practice.

The firm has closed over 80 ESOP transactions for companies with an aggregate value exceeding $5 billion.  Those companies ranged in value from $10 million to $500 million. CSG Partners is headquartered in New York and has an additional office in San Francisco.

More information on the firm can be found at www.csgpartners.com.