for - SRG Corporation2CO-OPeration program - worker-owned cooperatives - Apis & Heritage - inequality reduction - via worker-owned cooperatives

summary - Apis & Heritage is a unique US private equity firm that has established an investment fund called "The Legacy Fund" which is used to facilitate Employee-Led BuyOut (ELBO). Studies show the enormous potential for reducing inequality and it is an issue that receives rare bipartisan political support in the US. The "Silver Tsunami" describes 3 million small business owners likely to retire in 2035. Together, their businesses account for $10 trillion in assets. Apis & Heritage helps faciliate a smooth transition for owners to sell to their employees, increasing their net worth by as much as 10x by the time they retire.

for - Apis & Heritage - champions of worker-owned cooperative movement

for - Apis & Heritage Legacy Fund employee buyout process - Apis & Heritage values the enterprise and offers seller fair price for their life work - Once purchased, they transfer the company's assets to a trust - Using private debt capital, they finance a portion of that transaction. - The trust administers the ESOP - The seller has full liquidity upfront and can retire immediately, The Legacy Fund saves seller from having to manage the complex process of selling to employees. - ESOP is a retirement account for the new employee-owhers. - After 5 years, each employee become vested, with new share allocations made each year.based on wages as a percentage of total payroll - If value of business grows, so do employee share value. - When employee-owner is ready to retire, they sell back the shares based on current valuation - new employee-owners receive training from Democracy at Work Institute (DAWI) - The trust repays debt from initial transaction on behalf of the business to Apis & Heritage and its investors who make an attractive return -