RC Sports Completes Successful Sale To Employee Stock Ownership Plan (ESOP)
Company Now 100% Employee Owned Appleton, Wis. (PRWEB) January 31, 2014 ESOP Partners, an ESOP consulting and administration firm, has announced the successful completion of a sale of RC Sports, a Lenexa, Kan.-based distributor of roller skates, inline skates, and hockey skates and skating accessories, to its employees via an Employee Stock Ownership Plan (ESOP) representing RC Sports’ employees. An ESOP is a qualified retirement plan that buys, holds and sells company stock for the benefit of the employees, providing them with an ownership stake in the company. RC Sports initiated the s
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