California

Los Angeles EWDD – LA Economic & Workforce Development helps transition company ownership from retiring owners to long term employees

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From the Los Angeles Economic & Workforce Development Department: The City of Los Angeles Economic and & Workforce Development Department recognizes Concerned Capital for transition of ownership work done to avert layoffs. The strategy was to target companies with retiring business owners and help workers buy the company.  In 2016, EWDD awarded a contract to Concerned […]

Concerned Capital

Concerned Capital – Employees Purchase Ariza Cheese, LA’s oldest manufacturer of Artisan Mexican Cheese

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From Concerned Capital: Paramount, California — January 28, 2015 — Ariza Cheese Company, Inc. has been purchased by four key employees; saving 24 manufacturing jobs in the heart of Paramount, California. Ariza is a producer of artisan Mexican Cheeses — Panela, Queso Fresco and Cotija — and was the first minority owned company to sell these distinctive cheese products in mainstream grocery stores […]

Concerned Capital

Concerned Capital – Transitioning Locally Owned Businesses to Employee Ownership: A Place Based Strategy

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From Concerned Capital: 1. Opportunity: Save Jobs, Diversify Ownership & Address Income Inequality in Low Income Communities when a company changes hands 2. Conversions: Democratizing ownership of small businesses thru the transition of ownership 3. Funding: Economic Development Tools that fund this effort 4. Implementation: Step-by-Step Process 5. Success Stories: Adcraft, Woodworking by Degree, Ariza […]

Ariza Cheese – Los Angeles, CA

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Industry: Food and Beverage Location: Los Angeles, California Number of employees: 25 Became employee owned: 2017 Assistance: Concerned Capital Learn more Telemundo – Johana Suarez interview with new Ariza Cheese Company owners (video) (2019) Concerned Capital – Employees Purchase Ariza Cheese, LA’s oldest manufacturer of Artisan Mexican Cheese (2015) La Opinion – Ariza, la adquisición de un […]