{"id":3584,"date":"2023-06-01T11:21:02","date_gmt":"2023-06-01T15:21:02","guid":{"rendered":"https:\/\/www.stevenslee.com\/sesesop\/?post_type=transaction&#038;p=3584"},"modified":"2026-07-30T13:38:24","modified_gmt":"2026-07-30T17:38:24","slug":"benjamin-obdyke-inc","status":"publish","type":"transaction","link":"https:\/\/www.stevenslee.com\/sesesop\/outcome\/benjamin-obdyke-inc\/","title":{"rendered":"National Provider of Roof and Wall Building Solutions Becomes 100% ESOP-owned"},"content":{"rendered":"<h1>National Provider of Roof and Wall Building Solutions Becomes 100% ESOP-owned<\/h1>\n<p><strong>Overview<\/strong><\/p>\n<p>Founded in 1868,\u00a0<a title=\"Benjamin Obdyke\" href=\"https:\/\/benjaminobdyke.com\/\" target=\"_blank\" rel=\"noopener\">Benjamin Obdyke<\/a>\u00a0has grown into a leading national provider of high-quality roof and wall building solutions. A family-owned business across generations, the company upholds a tradition of innovation and a drive to always \u201cbuild better.\u201d With a culture of employee empowerment and collaboration, leadership believes that valued employees offer the best customer solutions.<\/p>\n<p><strong>Situation<\/strong><\/p>\n<p>Benjamin Obdyke leadership sought a transition plan that would reward the commitment and achievements of its employees through company ownership, maintain the culture and values of its 155-year legacy and sustain long-term business growth as an independent company. An employee stock ownership plan (ESOP) was the ideal fit.<\/p>\n<p><strong>Solution<\/strong><\/p>\n<p>Benjamin Obdyke engaged SES ESOP Strategies to assist in\u00a0<a href=\"https:\/\/sesesop.com\/service\/esop-design\/\">structuring and forming a new ESOP<\/a>\u00a0for the purchase of 100% of the company. SES\u00a0<a href=\"https:\/\/sesesop.com\/service\/esop-feasibility\/\">performed key financial due diligence<\/a>\u00a0and guided the transaction to close. Notably, the company is an S Corporation, which provides companies like Benjamin Obdyke with key exemptions from corporate federal and state income taxes due to their status as an ESOP-owned company.<\/p>\n<p>\u201cThe transition to an ESOP represents an exciting new chapter in our company\u2019s history,\u201d said David Campbell, President and CEO. \u201cWe firmly believe that by empowering our employees through ownership, we will unlock their full potential and drive even greater opportunity for our customers. This move underscores our long-held appreciation for the value and importance of our talented workforce and the principles of shared prosperity.\u201d<\/p>\n<p>For more information on this transaction, please contact\u00a0<a href=\"mailto:jgs@sesesop.com\">Jim Steiker<\/a>, Chairman, at 215.508.5643, or\u00a0<a href=\"mailto:stma@sesesop.com\">Sean-Tamba Matthew<\/a>\u00a0at 215.508.7705.<\/p>\n","protected":false},"featured_media":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false},"categories":[],"tags":[],"class_list":["post-3584","transaction","type-transaction","status-publish","format-standard","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>National Provider of Roof and Wall Building Solutions Becomes 100% ESOP-owned - 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\/outcome\/benjamin-obdyke-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"National Provider of Roof and Wall Building Solutions Becomes 100% ESOP-owned - 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\/outcome\/benjamin-obdyke-inc\/\" \/>\n<meta property=\"og:site_name\" content=\"SES ESOP Strategies\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-30T17:38:24+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\\\/outcome\\\/benjamin-obdyke-inc\\\/\",\"url\":\"https:\\\/\\\/www.stevenslee.com\\\/sesesop\\\/outcome\\\/benjamin-obdyke-inc\\\/\",\"name\":\"National Provider of Roof and Wall Building Solutions Becomes 100% ESOP-owned - SES ESOP Strategies\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.stevenslee.com\\\/sesesop\\\/#website\"},\"datePublished\":\"2023-06-01T15:21:02+00:00\",\"dateModified\":\"2026-07-30T17:38:24+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\\\/outcome\\\/benjamin-obdyke-inc\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.stevenslee.com\\\/sesesop\\\/outcome\\\/benjamin-obdyke-inc\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.stevenslee.com\\\/sesesop\\\/outcome\\\/benjamin-obdyke-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\":\"National Provider of Roof and Wall Building Solutions Becomes 100% ESOP-owned\"}]},{\"@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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