ESOP
NOW Health Group Announces New Employee Stock Ownership Plan
On Jan. 7, NOW Health Group (Bloomingdale, IL) announced its plan to preserve local ownership and further strengthen the company’s prospects by selling a portion of its stock to employees through a new Employee Stock Ownership Plan (ESOP). An ESOP is a form of federally regulated retirement plan that is designed to invest primarily in ...
Lee Archer, Founder of New Wave Enviro Products, Dies at 83
On Dec. 25, 2025, Lee Archer, founder of New Wave Enviro Products (Greenwood Village, CO), died at his home in Colorado at age 83. Archer founded New Wave Enviro in 1993 alongside his friend and business associate, Leigh Caudill. Together, they were guided by a simple and powerful vision: to provide clean, healthy drinking water ...
New Wave Enviro Is Now 100% Employee Owned
On January 1st, 2023, the shareholders of New Wave Enviro Products Inc (Greenwood Village, CO) announced the sale of 100 percent of their stock to a newly formed Employee Stock Ownership Plan (ESOP). The company’s shareholders and board of directors approved the transaction with the intent of further strengthening its commitment to its employees, customers, ...
EuroPharma Now Employee-owned
To celebrate EuroPharma’s 10th anniversary, Founder and President Terry Lemerond has signed the papers to share ownership of his company with his employees. It’s a gift he hopes will reward their hard work and dedication and ensure the company continues to grow and progress in perpetuity. EuroPharma’s employee stock ownership plan (ESOP) provides for the continued ...
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