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March 6, 2026
Western Specialty Contractors has been sold to employees through an ESOP. ButcherJoseph & Co. served as the exclusive financial advisor on the transaction, Founded in 1915, Western is a century-old company with a national footprint and a reputation for technical excellence across restoration and specialty construction. The ESOP ensures long-term continuity, preserves the company's independence, and aligns ownership with the employees who have driven Western's growth for more than 100 years.
ButcherJoseph & Co. Director Rick Hennessey noted that Western is “a textbook example of a company whose culture and values align naturally with employee ownership.”
Western CEO Ben Bishop Jr. said the move “recognizes the contributions of our employees in a meaningful way while positioning the company for long-term stability and growth.”
The transaction provides Western with a tax-advantaged structure that supports continued investment in operations, leadership development, and strategic growth initiatives.