{"id":3552,"date":"2025-06-01T11:50:53","date_gmt":"2025-06-01T15:50:53","guid":{"rendered":"https:\/\/www.stevenslee.com\/sesesop\/?post_type=transaction&#038;p=3552"},"modified":"2026-07-21T16:36:41","modified_gmt":"2026-07-21T20:36:41","slug":"sh-transport-inc","status":"publish","type":"transaction","link":"https:\/\/www.stevenslee.com\/sesesop\/outcome\/sh-transport-inc\/","title":{"rendered":"S&amp;H Transport, Inc."},"content":{"rendered":"\r\n\r\n\r\n<h1 class=\"entry-title\">S&amp;H Transport, Inc.<\/h1>\r\n<header class=\"entry-header\" data-rocket-lazy-bg-42b7caed-91fc-43c7-a46d-ac3667e49a0d=\"excluded\">\r\n<div class=\"grid1120 entry-header-inner\"><header class=\"entry-header\" data-rocket-lazy-bg-f3314e5a-831b-4e84-b93c-34f1bff4eb3d=\"excluded\">\r\n<div class=\"grid1120 entry-header-inner\"><header class=\"entry-header\" data-rocket-lazy-bg-b0b85905-844a-41d4-b3b4-4472308bbc32=\"excluded\">\r\n<div class=\"grid1120 entry-header-inner\"><header class=\"entry-header\" data-rocket-lazy-bg-d2a24c77-f8af-4939-809b-826938b2fad2=\"excluded\">\r\n<div class=\"grid1120 entry-header-inner\"><header class=\"entry-header\" data-rocket-lazy-bg-1d971272-a54e-486f-8756-409b7a00c9ed=\"excluded\">\r\n<div class=\"grid1120 entry-header-inner\"><header class=\"entry-header\" data-rocket-lazy-bg-1012ee61-02fe-4d8a-b8e7-5050bd26e56d=\"excluded\">\r\n<div class=\"grid1120 entry-header-inner\"><header class=\"entry-header\" data-rocket-lazy-bg-f707f668-468e-4a66-8dc3-d8d46a53eb2c=\"excluded\">\r\n<div class=\"grid1120 entry-header-inner\"><header class=\"entry-header\" data-rocket-lazy-bg-252734c5-918c-494a-a5f7-9e2ce4219157=\"excluded\">\r\n<div class=\"grid1120 entry-header-inner\"><header class=\"entry-header\" data-rocket-lazy-bg-2682ca19-2f8d-4ce2-815a-368fb55958c3=\"excluded\">\r\n<div class=\"grid1120 entry-header-inner\"><header class=\"entry-header\" data-rocket-lazy-bg-d65ba388-4a99-4c6e-a028-f6b62bf1171c=\"excluded\">\r\n<div class=\"grid1120 entry-header-inner\"><header class=\"entry-header\" data-rocket-lazy-bg-592a531b-190d-4c77-8276-76963e65d2ba=\"excluded\">\r\n<div class=\"grid1120 entry-header-inner\">\r\n<h2 class=\"header-description\">Respected Provider of Regional Freight and Dedicated Logistics Services Becomes 100% Employee-Owned<\/h2>\r\n<\/div>\r\n<\/header><\/div>\r\n<\/header><\/div>\r\n<\/header><\/div>\r\n<\/header><\/div>\r\n<\/header><\/div>\r\n<\/header><\/div>\r\n<\/header><\/div>\r\n<\/header><\/div>\r\n<\/header><\/div>\r\n<\/header><\/div>\r\n<\/header>\r\n<h3><strong>Overview<\/strong><\/h3>\r\n<div class=\"entry-content-main\">\r\n<div class=\"entry-content-main\">\r\n<div class=\"entry-content-main\">\r\n<div class=\"entry-content-main\">\r\n<div class=\"entry-content-main\">\r\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/sandhtransport.net\/\">S&amp;H Transport, Inc.<\/a>\u00a0(S&amp;H Transport or the Company) has been a respected provider of regional freight and dedicated logistics services for more than 30 years. Headquartered in York, Pennsylvania, the Company has earned a strong reputation for safety, reliability and customer service. S&amp;H Transport\u2019s success is rooted in the professionalism of its workforce and a culture built on trust, accountability and long-term relationships.<\/p>\r\n<h3><strong>Situation<\/strong><\/h3>\r\n<p>As part of succession planning, founder Steve Shellenberger began evaluating transition strategies that would keep the business on a stable, growth-oriented path, reward the employees who contributed to its success and provide liquidity to owners. The leadership team also sought a solution that would help attract and retain talent in a competitive industry. After exploring a range of options, transitioning to 100% employee ownership through an ESOP emerged as the best fit for the Company\u2019s goals.<\/p>\r\n<h3><strong>Solution<\/strong><\/h3>\r\n<p>S&amp;H Transport engaged\u00a0<a href=\"https:\/\/sesesop.com\/\">SES ESOP Strategies (SES)<\/a>\u00a0and its affiliated law firm,\u00a0<a href=\"https:\/\/www.stevenslee.com\/\">Stevens &amp; Lee (S&amp;L),<\/a>\u00a0to assist throughout the ESOP transaction. SES began with a comprehensive transaction analysis, providing a range of value, modeling various transaction structures and evaluating shareholder proceeds to help ensure that the ESOP aligned with the Company\u2019s goals.<\/p>\r\n<p>Following the analysis, SES and S&amp;L collaborated closely with the Company\u2019s leadership and outside advisors to design and structure the ESOP. SES led the financial due diligence process, modeled the proposed ESOP transaction and negotiated the term sheet with the ESOP trustee. Working alongside the Company\u2019s outside counsel, attorneys from Stevens &amp; Lee provided legal guidance, prepared the ESOP plan, key transaction documents and advised on corporate governance and a management incentive plan to help attract and retain key employees. S&amp;H Transport became a 100% ESOP owned S Corporation, delivering meaningful employee ownership in their home community, all while providing significant tax advantages by effectively eliminating corporate federal and state income taxes.<\/p>\r\n<p>\u201cOur decision to become employee owned reflects our belief in the skill and dedication of our team,\u201d said Jordan Kolb, President of S&amp;H Transport. \u201cBy making our employees owners of the Company, we are investing in the future of the business and the people who drive its success. SES ESOP Strategies and Stevens &amp; Lee were excellent partners throughout the entire process, keeping all parties on track to meet deadlines and delivering results that aligned with our goals and values of top-quality client service.\u201d<\/p>\r\n<p>For more information on this transaction, please contact\u00a0<a href=\"https:\/\/sesesop.com\/team_member\/edward-c-renenger\/\">Ed Renenger<\/a>\u00a0at 610.478.2238,\u00a0<a href=\"https:\/\/sesesop.com\/team_member\/mark-b-russell\/\">Mark Russell<\/a>\u00a0at 817.566.1013,\u00a0<a href=\"https:\/\/sesesop.com\/team_member\/sean-tamba-matthew\/\">Sean-Tamba Matthew<\/a>\u00a0at 215.508.7705,\u00a0<a href=\"https:\/\/sesesop.com\/team_member\/vincent-j-capone\/\">Vince Capone<\/a>\u00a0at 215.508.7716, or\u00a0<a href=\"https:\/\/sesesop.com\/team_member\/kyle-s-priebe\/\">Kyle Priebe<\/a>\u00a0at 215.508.5637.<\/p>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n","protected":false},"featured_media":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0},"categories":[],"tags":[],"class_list":["post-3552","transaction","type-transaction","status-publish","format-standard","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>S&amp;H Transport, Inc. - SES ESOP Strategies<\/title>\n<meta name=\"description\" content=\"Waldron engaged SES ESOP Strategies, along with its affiliated law firm,\u00a0Stevens &amp; Lee, to structure the new ESOP plan and guide the Company through the transaction process.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.stevenslee.com\/sesesop\/transaction\/sh-transport-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"S&amp;H Transport, Inc. - SES ESOP Strategies\" \/>\n<meta property=\"og:description\" content=\"Waldron engaged SES ESOP Strategies, along with its affiliated law firm,\u00a0Stevens &amp; Lee, to structure the new ESOP plan and guide the Company through the transaction process.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.stevenslee.com\/sesesop\/transaction\/sh-transport-inc\/\" \/>\n<meta property=\"og:site_name\" content=\"SES ESOP Strategies\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-21T20:36:41+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.stevenslee.com\\\/sesesop\\\/transaction\\\/sh-transport-inc\\\/\",\"url\":\"https:\\\/\\\/www.stevenslee.com\\\/sesesop\\\/transaction\\\/sh-transport-inc\\\/\",\"name\":\"S&amp;H Transport, Inc. - SES ESOP Strategies\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.stevenslee.com\\\/sesesop\\\/#website\"},\"datePublished\":\"2025-06-01T15:50:53+00:00\",\"dateModified\":\"2026-07-21T20:36:41+00:00\",\"description\":\"Waldron engaged SES ESOP Strategies, along with its affiliated law firm,\u00a0Stevens & Lee, to structure the new ESOP plan and guide the Company through the transaction process.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.stevenslee.com\\\/sesesop\\\/transaction\\\/sh-transport-inc\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.stevenslee.com\\\/sesesop\\\/transaction\\\/sh-transport-inc\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.stevenslee.com\\\/sesesop\\\/transaction\\\/sh-transport-inc\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.stevenslee.com\\\/sesesop\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Transactions\",\"item\":\"https:\\\/\\\/www.stevenslee.com\\\/sesesop\\\/transaction\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"S&amp;H Transport, Inc.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.stevenslee.com\\\/sesesop\\\/#website\",\"url\":\"https:\\\/\\\/www.stevenslee.com\\\/sesesop\\\/\",\"name\":\"Griffin Financial Group\",\"description\":\"TAILORED ESOP SOLUTIONS. 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