Verit Advisors® Employees to Present at NCEO Conference
April 17 2024 - 5:00AM
Mary Josephs and Jake Cravens of Verit Advisors® will present at
the 2024 Annual Employee Ownership Conference in Tampa, Florida
April 29 through May 1, 2024 hosted by the National Center for
Employee Ownership (NCEO). This conference provides education
about best practices and industry trends in employee ownership.
Jake Cravens, Managing Director, Verit
Advisors®, will be the session leader for “Successfully Raising
Financing for an ESOP” on Tuesday, April 30 at 10:00 AM. This
session focuses on one of the most important steps in an ESOP
transaction: raising financing for a leveraged ESOP transaction in
the open market. The presentations made to lenders play a
fundamental role in launching the business and ensuring the ESOP's
long-term success. Joining Jake on the panel is Doug Dell from Key
Bank.
Jake leads execution on a wide range of
transactions, restructuring, and advisory services including
M&A, ESOPs, and strategic alternatives consulting across
numerous industries including business services, construction &
engineering, grocery retail and financial services. Jake
specializes in the valuation of business enterprises and the
structuring of complex ESOP transactions.
Mary Josephs, Founder and CEO, Verit Advisors, will be on a
panel discussing “ESOPs and M&A: Exploring the Intersection,
the Prudence, and Process for Unsolicited Offers” on Wednesday, May
1 at 11:15 AM. Joining Mary will be Renee Lewis, Partner, Holland
& Knight, LLP and Miguel Paredes, President and Founder,
Prudent Fiduciary Services, LLC. This session aims to demystify
unsolicited offers. They will provide insights into the prudent
financial, legal, and governance processes that can boost your
confidence. You'll come to understand that the true threats to
ESOPs staying private are not unsolicited offers, but rather issues
related to governance and strategy. They will delve into critical
aspects such as leadership development, strategic planning, and
long-term capital strategies.
Mary founded Verit Advisors in 2009 and has nearly three decades
of experience in corporate finance. She is a nationally recognized
leader and has advised structured and closed hundreds of successful
capital strategies for middle market companies. Mary is on the
Advisory Board ESCA (Employee-Owned S Corporations of America).
Mary is a director of Manson Construction and Performance
Contracting. Mary was selected as one of the Most Influential Women
in Mid-Market M&A by Mergers & Acquisition publication five
straight years. Chicago Crain’s recognized Ms. Josephs as a Notable
Entrepreneur in 2019 and Private Board Directors magazine named
Mary a Director to Watch in 2019.
About Verit Advisors®
Verit Advisors unites sophisticated middle market investment
banking capabilities with a client centric focus, fluent in ESOPs,
debt and equity capital markets, M&A, transaction opinions and
valuation services, and board advisory services. Integrity,
teamwork, service, and innovation are at the heart of the
organization, as the Verit Team strives to provide unparalleled
advice and custom solutions to its clients. Mary Josephs founded
Verit Advisors in 2009 in Chicago and has nearly four decades of
experience in the world of corporate finance. Josephs and her team
are considered to be the foremost experts in ESOP transactions and
middle market strategic alternatives.
About the NCEO
The NCEO is a nonprofit organization, established in 1981, whose
mission is to provide the most objective and reliable information
possible on employee ownership at the most affordable price
possible. Our members include companies, professional
practitioners, unions, government officials, academics, and other
interested individuals. Although they are a membership-based
organization, their outreach is not limited to members.
Pat Eichten
Verit Advisors, LLC
marketing@verit.com