Apis & Heritage Capital Partners Converts Sky Blue Builders to Employee Ownership
April 3, 2024
Apis & Heritage Capital Partners financed an employee-led buyout (ELBO) converting Denver-based general contractor Sky Blue Builders into a 100% employee-owned company, creating shared ownership for over 40 employees. The transaction was co-financed by VectraBank of Colorado and supported by the State of Colorado's cash collateral program; A&H will help steward growth while promoting wealth-building for workers of color.
- Buyers
- Apis & Heritage Capital Partners, Sky Blue Builders Employee-owners (ESOP)
- Targets
- Sky Blue Builders
- Industry
- Construction
- Location
- Colorado, United States
- Transaction Type
- Buyout
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