CSG Partners Advises Vertex on 100% ESOP Transaction

Mar 12, 2014, 06:45 ET from CSG Partners, LLC

NEW YORK, March 12, 2014 /PRNewswire/ -- CSG Partners, LLC, the New York-based boutique investment bank, served as the exclusive financial advisor to the Vertex Companies, Inc., a global provider of construction, environmental, energy, air quality and engineering solutions, on its recent transition to becoming 100% owned by its Employee Stock Ownership Plan (ESOP). 

George Thacker III, a Managing Director who led the transaction team at CSG Partners, commented: "It was a privilege working with Vertex. The ESOP is a tax efficient liquidity structure for shareholders that also provides exceptional benefits to employees. ESOPs also have been proven to increase employee productivity and company growth, effectively positioning Vertex for long term success."

Upon completion of the ESOP transaction, Jeffrey Picard, President of Vertex, stated, "We are excited about the transition of ownership of our company to our valued employees.  We believe that an ESOP is perfectly suited to help our Company grow and enable us to maintain our strong culture, passion, dedication to customer service, and commitment to our communities."

Greenberg Traurig served as company counsel to Vertex, and the Greenberg Traurig transaction team was led by Shareholders Jeffrey S. Kahn (Boca Raton), and John F. Farraher, Jr. and Stephen T. Adams (Boston).  


Vertex is a global provider of construction, environmental, energy, air quality, and engineering solutions.

The company helps clients achieve vital engineering and project management goals by delivering a broad range of strategic and technical services with a premier team of experienced professionals from diverse technical and business backgrounds.

With over 20 domestic offices and international office locations and unique teaming arrangements worldwide, Vertex has the reach and relevant expertise to approach every client's challenge with remarkable efficiency and local knowledge. Vertex's reputation for excellence, both in terms of timely results and service quality, has earned them the trust of a prestigious client base that includes Fortune 100 companies and esteemed boutique companies in virtually every line of business.


CSG Partners, LLC is a boutique investment bank specializing in ESOPs, mergers and acquisitions, and capital advisory services for middle-market companies. Our clients have spanned the full middle-market spectrum, with values ranging from $10 million to $600 million. Founded in 2001, the firm has built a reputation of having the nation's preeminent ESOP investment banking practice. The firm has closed over 140 ESOP transactions for companies with an aggregate value exceeding $9 Billion. CSG Partners operates from offices in New York and San Francisco. More information on the firm can be found at www.csgpartners.com, LinkedIn, and Twitter.