3LS Acquires ESOP Advisory Firm 40 Million Owners
September 4, 2025
3LS, an employee-owned family of companies headquartered in Nashville, announced the acquisition of ESOP advisory firm 40 Million Owners, which will join the company's Professional Services division. Co-founders Mike Brady and Michael Morosi will take leadership roles within 3LS (Brady as Managing Director of 40 Million Owners and Morosi as 3LS Chief Investment Officer) as 3LS expands its advisory capabilities around employee ownership and ESOP-driven acquisitions.
- Buyers
- 3LS, Inc.
- Targets
- 40 Million Owners
- Industry
- Professional Services
- Location
- United States
- Transaction Type
- Buyout
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