InVision Communications Sold to Employee ESOP

INVISION and GastingerWalker Merge Under the INVISION Brand

March 16, 2026

Professional Services

INVISION and GastingerWalker announced they will merge under the INVISION brand, with the merger effective March 16, 2026. The combination unites two legacy architecture and design firms in The HFW Companies network to create a national architectural collective with nearly 200 employees.

3LS Acquires ESOP Advisory Firm 40 Million Owners

September 4, 2025

Professional Services

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.

Private Investor Acquires Envision, LLC

January 13, 2025

Staffing & HR

Envision, LLC, a St. Louis–based national staffing and recruiting firm, was sold to a private investor in a transaction that closed January 13, 2025. The seller/founder Steve Lowy worked with Generational Group on the deal; Envision provides contract and direct-hire staffing across IT, engineering, marketing, finance, accounting and HR and also operates a specialized AI practice.

Horizon Transport and Wave Express Transition to Employee Ownership via ESOP

January 6, 2023

Trucking & Fleet

Horizon Transport and its affiliate Wave Express implemented an Employee Stock Ownership Plan (ESOP) effective December 31, 2022, transferring ownership from founder Marion Schrock to the companies' employees. The move makes Horizon and Wave Express 100% employee-owned (covering about 95 employees jointly) and was pursued by Schrock as a founder succession/exit alternative to a sale to private equity or competitors.

Mediafly Acquires ExecVision

April 27, 2022

Cloud & SaaS

Mediafly has acquired ExecVision, a conversation intelligence provider, and will integrate ExecVision's coaching-focused CI capabilities into its Revenue360 revenue enablement platform. ExecVision's entire team, including founders David Stillman and Steve Richard, are joining Mediafly to expand the company's coaching and CI capabilities and broaden its global reach.

CIVC Partners Invests in iVision

August 18, 2020

IT Services

CIVC Partners has made a growth investment in iVision, an Atlanta-based managed services and technology consulting provider, partnering with founder Gabe Damiani, President David Degitz and the existing management team. The investment will support iVision’s continued organic growth and enable the company to pursue strategic acquisitions while management retains a meaningful ownership stake.