ESOP’s: An Ownership Alternative for Construction Companies

Feb 15, 2024 - 11:30 AM (ET) - Downtown Market, 435 Ionia SW, Grand Rapids, MI 49503
Hosted by Western Michigan, Grand Rapids, MI

About this Event

Please join our chapter for an informative discussion about

 Ownership Alternatives for Construction Companies

Topics Covered:

  1. Ownership Alternatives Overview
  2. M&A Overview
  3. ESOP Overview
  4. ESOP Transaction Overview & Debunking ESOP Myths
  5. Dual Path Overview


Featured Speakers

Justin W. Stemple, Partner 

 Michigan law firm of Warner Norcross + Judd LLP

Justin W. Stemple is a partner with the Michigan law firm of Warner Norcross + Judd LLP. Justin focuses his practice on employee benefits law, with a special emphasis on ESOPs and routinely represents ESOP companies and ESOP Trustees from implementation of an ESOP, ongoing consulting, amendments, DOL audits, and termination of an ESOP or sale of an ESOP company. He is a member of the State Bar of Michigan, The ESOP Association, the National Center for Employee Ownership, and the Michigan Center for Employee Ownership. He currently serves as Chair of the firm’s Employee Benefits practice group, and as a member of the Board of the Michigan Center for Employee Ownership. Justin has taught a course for human resources professionals seeking a certified employee benefits specialist (CEBS) designation and an employee benefits law course to master’s degree candidates at the Seidman College of Business, Grand Valley State University. Justin earned his undergraduate degree from Alma College and his law degree from the College of William & Mary School of Law.



Timothy Jamison, CPA Director

Prairie Capital Advisors

Tim Jamison joined Prairie Capital Advisors in 2016 and is a shareholder in the firm. He is responsible for business development and growth initiatives and focuses on advising business owners about ownership transition alternatives including employee stock ownership plans (ESOPs) and mergers and acquisitions (“M&A”), among others. Services include adequate consideration analyses, feasibility studies, transaction financing and restructuring, fairness and solvency opinions, post-transaction cash flow analyses and annual valuations.

Tim has performed valuation and M&A work on a variety of companies in various industries. He also frequently presents webinars and speaks at conferences, including those hosted by Prairie as well as The ESOP Association, the National Center for Employee Ownership and the Ohio Employee Ownership Center on topics including ESOPs, sustainability, and other ownership transition matters. Tim also serves on the Advisory Committee of the Ohio/Kentucky ESOP Chapter, is an officer for the Michigan chapter of the ESOP Association and also sits on the Board of Directors for the Tennessee Center for Employee Ownership (TNCEO).


Prior to joining Prairie, Tim was an executive in the senior housing industry. During that time, he worked on several M&A transactions, performed multiple valuations and financial analyses of companies and completed several successful finance/debt transactions – both on a project level and the corporate level.  Additionally, Tim spearheaded the ground-up development of several senior housing facilities during his career. 

 Prior to his experience in the senior housing industry, Tim spent several years in the utility industry, performing M&A, valuation and accounting work. Tim is also a certified public accountant (CPA) and started his career with a national public accounting firm before branching off into management accounting, corporate finance and M&A. 


Tim holds the Certified Public Accountant (CPA) designation in the state of Kentucky as well as a Master of Business Administration degree from Indiana University and a Bachelor of Accounting degree from Bellarmine University in Louisville, KY.


Kentucky Society of CPAs

National Center for Employee Ownership (NCEO)

North Carolina Employee Ownership Center (NCEOC)

Tennessee Center for Employee Ownership (TNCEO)

The ESOP Association


Timothy Jamison, Director




Members: $30.00
Non-members: $30.00

Event has passed