Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

US (MI): Employee stock ownership plan for Wojo's Greenhouse & Farm

Prairie Capital Advisors acted as financial advisor to Wojo's Greenhouses & Farm in the transition of the company into an employee stock ownership plan ("ESOP"). Prairie acted as the exclusive financial advisor in this transaction to Wojo and its shareholders and was led by Tim Jamison, Shaun McGehee, and Joseph Labetti of Prairie. Terms of the transaction were not disclosed.

Wojo's Greenhouses & Farm began their journey in 1983 with a modest roadside stand at the intersection of Oakwood and Hadley Roads in Ortonville, MI. What started as a small produce venture has grown into over 275,000 square feet of greenhouse space, offering a diverse array of homegrown plants, including annuals, perennials, trees, and vegetables. Committed to environmental responsibility, Wojo shares knowledge to help guests create and maintain beautiful gardens.

Prairie worked closely with the leadership team and sellers, providing ESOP advisory expertise, and managing the preparatory, due diligence and negotiation phases of the ESOP transaction, as well as structuring the financing for the transaction.

Joe Wojciechowski, Owner of Wojo's Greenhouses & Farm said: "With the transition to an ESOP, we look forward to empowering our dedicated team and ensuring Wojo's legacy continues for generations to come."

For more information:
Wojo's Greenhouses & Farm
wojos.com

Publication date: