Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact firstname.lastname@example.org.
SOURCE CSG Partners
NEW YORK, July 18, 2014 /PRNewswire/ -- CSG Partners, LLC announced that it advised Enroute Computer Systems (ECS) on its recent sale to an Employee Stock Ownership Plan (ESOP). ECS is a leading engineering services and products company that primarily services the needs of the Federal Aviation Administration. Founded over 20 years ago, the company's multi disciplined experts provide services such as engineering, software development and support, systems integration, simulation and modeling, and information assurance to government departments as well as private companies across the country.
Based in Egg Harbor Township, New Jersey, ECS was ranked by NJ Biz as one of the best places to work in 2013. Forming an employee owned company builds on the company's employee-centric culture.
The terms of the transaction were not disclosed. As part of the ESOP transaction, the management team will remain the same, with Anthony Curatolo as President.
"ECS has always considered our employees to be our greatest asset," said ECS founder and President, Anthony Curatolo. "I'm grateful for the opportunity to reward them with a stake in the success of this company," added Curatolo.
Alex Meshechok, a Managing Director who led the transaction team at CSG Partners, commented: "We are privileged to have had the opportunity to work for such an excellent management team as the one at ECS. The ESOP transaction that we structured for the firm has poised ECS for growth and enabled the employees to directly benefit from the firm's success."
Morrison Cohen served as company counsel to ECS, led by a partner at the firm, Brian Snarr.
ABOUT CSG PARTNERS
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.
©2012 PR Newswire. All Rights Reserved.