Does anyone have any perspective on union labor?

searcher profile

April 04, 2025

by a searcher from Thunderbird School of Global Management in Norwalk, CT, USA

Hi -
Looking at an electrical contracting shop with 200 electricians who are all union. Owner wants to retire. Any thoughts on union labor? Seems like it could be beneficial to partner, incentivize workers with ownership pieces. Would be great to hear about any direct experience. Thanks.

0
8
71
Replies
8
commentor profile
Reply by a professional
from Villanova University in West Chester, PA, USA
Hi ^redacted‌ we’ve done union deals and would be happy to discuss it further. If you’re thinking about acquiring a business with union workers, it’s important to review union-related contracts during due diligence, including any collective bargaining agreements, to see what obligations you may have as the business owner post-closing. Unionization doesn’t mean that there’s also employee ownership. However, it can be negotiated. Episode 6 of our podcast, Dealmaking with Laura DiFrancesco, discusses due diligence, and episode 18 discusses transitioning employees. Our podcast is available here: deanstreetlaw.com/links. I’d also be happy to discuss this more with you.
commentor profile
Reply by a professional
from University of Texas at Austin in Austin, TX, USA
Hello! I am an attorney and have experience with deals with union worker operated businesses. Feel free to reach out at: redacted here is a link to setup a virtual meeting: https://calendar.app.google/4jp7bv9pGrin3j957
commentor profile
+6 more replies.
Join the discussion