# Custom Profile becomes employee-owned through ESOP

Custom Profile purchased all of Blackford Capital's stock ownership, making the company employee-owned through an Employee Stock Ownership Plan (ESOP). The transaction was agreed on April 19, 2019.

- Type: Acquisition
- Announced: 2019-04-19
- Where: Grand Rapids, Michigan, United States
- Status: completed
- Products: plastic profile extrusions
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Custom Profile](https://endata.com/companies/39054.md)
- [Mosaic Capital Partners](https://endata.com/companies/27182.md) (partner)
- [Blackford Capital](https://endata.com/companies/39055.md) (investor)

## Sources

- [custom-profile.com](https://www.custom-profile.com/blog/employee-owned-company/), 2019-04-26: "This transaction creates an incredible opportunity for Custom Profile and our employees."

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