Imagine One Technology & Management, Ltd. (“Imagine One”) today announced it has completed its transition from a partial Employee Stock Ownership Plan (ESOP) structure to 100% employee ownership. Effective October 1, all outstanding shares of the company are now held in trust for the benefit of Imagine One employees.

“This step sharpens our competitive edge, ensures decisions are guided by the people who make our success possible, and frees up resources to reinvest in growth and our team,” said Kevin Veach, Chief Executive Officer of Imagine One. “Employee ownership has been part of our culture for over a decade. Becoming a 100% ESOP company simply brings our ownership structure in line with how we already operate – – focused on our employees, our customers, and long-term value creation.”

Under the new structure, the ESOP continues to function as a qualified retirement benefit, but now all future value created by the company will be realized entirely by the employee-owners. The shift is expected to streamline governance and strengthen Imagine One’s ability to reinvest in tools, training, innovation, and benefits; all of which support stronger support to our customers and long-term growth for Imagine One’s business.