
We envision a world in which every employee is an owner.
At 40 Million Owners, we believe there is an employee ownership solution for every company.
Our Focus
ESOP Growth through Acquisitions
We partner with ESOPs to unlock enterprise value through smart, strategic acquisitions that capitalize on their unique advantages as acquirers. Our focus is to position acquisitions as a cornerstone of the employee ownership industry, fueling growth and expanding the community of employee owners who are shaping the future of American business.
Our Mission
Building a future where employee ownership is the norm, not the exception
Employee ownership leads to stronger businesses and stronger communities. However, only 2% of lower middle market companies are employee owned.
The lower middle market is a diverse and dynamic driver of the U.S. economy that accounts for 30% of private sector employment.
There are nearly 600,000 companies that employ between 20 and 500 workers.
In total, 40 million people work for lower middle market companies.
Together, we can create 40 million owners
Our Clients
Employee Ownership Benefits for Every Business

Through thoughtful collaboration and proven frameworks, we help create thriving, employee-driven organizations that align incentives, drive innovation, and generate lasting prosperity for employees, communities, and stakeholders.
Empowering Employees
Building a culture of ownership by empowering employees to engage proactively with all operational aspects of the business is core to unlocking the full benefits of Employee Ownership.
Mitigating Risk
Employee Ownership is a tool for risk management across an entire business lifecycle from ownership transitions to executing long-term value enhancement strategies.
Creating Impact and Value
Employee Ownership attracts both capital and talent through the opportunity to participate in meaningful impact and value creation.
As part of an ESOP ourselves, we understand the unique needs and challenges you face as you pursue growth. We work exclusively with ESOPs, providing expert guidance on navigating acquisitions.


Demystifying M&A for Acquisitive ESOPs
A Guide for ESOP CEOs, Boards, and Trustees
As an ESOP ourselves, we understand the unique fiduciary, cultural, and operational challenges employee-owned companies face when considering acquisitions. To help leaders get started, we have created a practical guide designed specifically for ESOP decision-makers.
“The secret of change is to focus all your energy, not on fighting the old, but on building the new.”
Socrates
5th Century BCE

