# Mosaic Capital Partners funds ESOP buyout of Galfab

Mosaic Capital Partners structured and funded an Employee Stock Ownership Plan (ESOP) buyout of Galfab, a manufacturer of waste hauling equipment with locations in Indiana and Arizona. Galfab became an independent, employee-owned company.

- Type: Acquisition
- Announced: 2017-09-28
- Where: Winamac, Indiana; Phoenix, Arizona, United States
- Jobs: 150
- Status: completed
- Products: cable roll-off hoists, hook hoists, roll-off containers, compactors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Mosaic Capital Partners](https://endata.com/companies/27182.md) (investor)
- [Galfab](https://endata.com/companies/27183.md) (target)
- [Wastebuilt Environmental Solutions](https://endata.com/companies/27184.md) (partner)

## Sources

- [einpresswire.com](https://www.einpresswire.com/article/406974351/mosaic-capital-partners-leads-formation-of-galfab-employee-stock-owernship-plan), 2017-09-28: "The desire to create an ownership opportunity in Galfab for our over 150 employees was always the top priority for us."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.