ButcherJoseph Advises InVision on Sale to Its Employees

ButcherJoseph & Co. served as exclusive financial advisor to InVision on its sale to the InVision Employee Stock Ownership Plan (ESOP).  InVision is an insight-fueled, creatively-driven agency specializing in integrated brand experiences and communications programs. They design engagement solutions that cut through the noise, provide clarity, and deliver meaningful content—changing hearts, minds and behaviors along the way.  The transaction closed on December 29, 2021.

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Drew Hagen, InVision’s Chief Culture Officer, stated, “InVisionites have proven time and again that they are invested in the long-term success of our agency, and we are honored to be able to offer them this benefit. From day one, Rod and I built this agency with a focus on our people, and we believe this move will ensure a strong future for all of them — and will also help us continue to attract and retain the best talent.”

The formation of an ESOP makes the Company 100% employee-owned.  As an ESOP-owned agency, the Company’s stock is now wholly held by the ESOP, for the exclusive benefit of its employees. InVision will allocate ownership shares annually, as part of employees’ retirement benefits.

“The economic power of an employee-owned agency can drive employee retention, job growth, wages, and productivity,” said Rod Mickels, InVision’s CEO and co-founder. “That stands to benefit not only our employees, but also, every one of our clients.”

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ButcherJoseph senior investment banker, Rick Hennessey, commented, “It was clear from the outset that InVision was a natural fit for the ESOP structure. The agency has a reputation for innovation and creative client solutions, which is propelled by a talented employee base. The new ownership structure will bolster what is an already strong culture.  The agency is exceptionally well positioned for continued success.”

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[To share your insights with us, please write to sghosh@martechseries.com]

ButcherJosephEmployee Retentionemployees’ retirement benefitsESOPESOP structureInVision
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