Rethinking Succession: Employee Ownership as a Counter to Private Equity Dominance
Private equity roll-ups have surged, expanding five times faster than the overall U.S. economy. This rapid growth has raised concerns about the implications of private equity (PE) on market dynamics and affordability.
Rutgers and NJEDA Partner to Promote Employee Ownership
The State of New Jersey and Rutgers, The State University of New Jersey, have embarked on a significant initiative aimed at promoting Employee Stock Ownership Plans (ESOPs) through a comprehensive public education and outreach program. This strategic collaboration was formalized on July 17 when the New Jersey Economic Development Authority (NJEDA) signed a Memorandum of Understanding (MOU) with the Rutgers University School of Management and Labor Relations (SMLR).