Client Testimonial: Woodsman Kitchens & Floors

Background

Woodsman Kitchen & Floors Inc, a closely held family business founded in 1983 by Rick Woods, the (prior owner and Chairman of the Board). Woodsman has been a staple in Jacksonville, Florida for 41 years this July, with a focus on excellence, innovation, and customer satisfaction. Woodsman is the premier choice for homeowners and builders seeking top-quality products and services in Jacksonville (and surrounding areas).

Rick found himself at a pivotal moment when considering his succession plan, initially contemplating passing the reins to his son. However, as he reflected on the potential impact on his son's future and the toll it could take on family time, concerns began to surface. Determined to secure both financial prosperity for his family and well-being for his employees, Rick delved into exploring various avenues, including private equity and the (possibility of selling to a strategic buyer). Committed to upholding the company's values and safeguarding the livelihoods of its 160 dedicated employees, Rick turned to Employee Stock Ownership Plan (ESOP) as a means to preserve the company's ethos and ensure a stable future for its workforce. With guidance from BTA, facilitated by Heritage, Woodsman Kitchen & Floors embarked on a transformative journey, aligning employee ownership with the company's growth trajectory and unwavering dedication to delivering exceptional service in cabinetry, countertops, and flooring for residential homes.

“Working with BTA and Rick Jaye has been an invaluable experience. Rick and his team delivered an implementation plan and applied meticulous attention to detail and easy to understand insightful presentations. I was truly impressed by their professionalism and expertise. BTA's ability to streamline the entire process, provide comprehensive solutions, and guide us through every step was commendable. The seamless transition from the first presentation to the completion of the project was a testament to their dedication and support. Rick and the BTA team not only delivered on their promises but also demonstrated a commitment to excellence and a conservative yet thorough approach. Their continuous support and guidance throughout the complex process underscored the importance of choosing a trusted partner like BTA." - Rick Woods

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