We are thrilled to announce that as of April 30, 2024, nou Systems, Inc. is now officially a 100% ESOP company! This marks a significant milestone in our journey, and we could not be happier about this achievement.

Becoming an ESOP company means that our employees are not just colleagues, but also owners with a direct stake in the company’s success. Our employees receive stock ownership in the company, which becomes a significant additional retirement benefit. We value teamwork and collaboration, and this transition allows us to take that commitment to a new level. Now, every employee can share even more directly in the success of their work.

We want to extend a heartfelt thank you to all our employees for their hard work, dedication, and unwavering support. We also want to thank all the individuals, including our team of advisors and consultants, who worked so tirelessly to get this transaction to the finish line. The BDO Capital Advisors, LLC team (Blake Head, Justin Tu, and Stone Brown) were great partners in this journey. John Wynn, Corey Jenkins, Laura Harper and the Lanier Ford Shaver & Payne P.C. team worked tirelessly to make the deal happen on-time. A big shout out to Mark McIntyre, Ryan O'Connor, and the Merit Bank team for providing financing; they are a great business partner!

We are excited about this achievement, and we firmly believe that the best is yet to come for all the employee-owners here at nSI.