Seattle-Based ACI Mechanical & HVAC Sales Adopts ESOP for Employee Ownership
SEATTLE — ACI Mechanical & HVAC Sales (ACI), based in Seattle, has transitioned to 100% employee ownership through an Employee Stock Ownership Plan (ESOP). The move coincides with the company’s 40th anniversary.
Founded in 1985, ACI serves the commercial HVAC market across the Pacific Northwest. The ESOP structure allows current leadership to remain in place while providing long-term stability for employees, customers, and vendors.
"Celebrating 40 years in business alongside our newly named employee-owners makes this milestone even more special," said Keith Glasch, president of ACI Mechanical & HVAC Sales. "An ESOP is our way of showing the people who have helped build this company that they aren't just part of ACI, they are ACI. We want to keep that spirit alive, honor the work that has brought us here, and build a future that stays true to who we are."
The transaction was advised by Lazear Capital Partners.