Apis & Heritage Capital Partners

What is Apis & Heritage Capital Partners?

Apis & Heritage Capital Partners (A&H) is an investment firm with a unique approach to creating positive social impact while delivering competitive, risk-adjusted returns. Their focus is on investing in profitable companies and converting them into 100% employee-owned businesses through their innovative Employee-Led Buy Out (ELBO) transaction model. By doing so, they aim to close the wealth gap and restore dignity and the opportunity for the American Dream to low and moderate-income workers in essential industries.

They target companies with $2-6M of EBITDA that have a workforce of 40 or more employees, particularly in sectors such as essential services, manufacturing, construction, logistics, and home care. The ELBO approach ensures that the selling owners receive a fair price, simultaneously locking in tax advantages for the business and guaranteeing that the employees become the future beneficiaries of the company's success.

A&H works closely with company management and the workforce to foster a culture of efficiency, resilience, and empowerment, creating robust, high-performing, community-oriented employee-owned enterprises. They articulate that employee ownership models like ESOPs have several benefits, including increased company sales, employment, productivity, profit margins, tax savings, and employee satisfaction and wealth.

A&H's commitment extends to community wealth creation, supporting businesses as stable and growing employers. They rely on data showing ESOP companies' resilience during downturns, like the COVID-19 pandemic, where they were significantly more likely to retain staff.

A&H is dedicated to leveraging private equity speed and expertise alongside the wealth-building power of employee ownership to fight wealth inequality across the country.