Monthly U.S. Employee Ownership Transactions

January 2026

Lexicon, Inc. – Became an employee-owned company via establishment of an ESOP, giving employees a stake in the business.
🔗 Article: Lexicon, Inc. announces transition to employee ownership (Arkansas Democrat-Gazette)

S1 Enterprises – Parent company of Illicit cannabis brand transitioned to employee ownership via an ESOP, marking the largest ESOP in the U.S. cannabis industry.
🔗 Article: Newsfile & Barchart

NOW Health Group – Announced a new ESOP plan with a portion of family shares transitioning to employee ownership (partial employee ownership).
🔗 Article: StreetInsider/PR Newswire

Canyon State Electric – Transitioned to employee ownership via an ESOP.
🔗 Reference Summary:  Signals AZ / local press

Advanced Green Technologies – Transitioned to employee ownership in January 2026
🔗 Source: Solar Power World

GMS Agency – Converted to employee ownership via an EOT (Employee Ownership Trust).
🔗Source: Golf Business News

Paragon Sports Constructors – Transitioned to employee ownership via an ESOP.
🔗 Source: Fort Worth, Inc.

SilcoTek – Transitioned to employee ownership via an ESOP.
🔗 Source: StateCollege.com

Advanced Roofing – Transitioned to employee ownership via an ESOP.
🔗 Source: Roofing Contractor

Cooker Construction – Transitioned to employee ownership via an ESOP.
🔗 Source: Boothbay Register

Ceba Solutions – Transitioned to employee ownership via an EOT on January 23, 2026.
🔗 Source: Catering Insights