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Equity Expansion International, Inc. (EEI) was launched in 1982 as a special kind of investment banking and consulting firm. Most investment bankers raise money for the top 1%, helping the rich get richer. EEI creates ownership systems and raises money for the 99%—helping the non-rich to become owners of income-generating equity, without harming the property interests of existing owners.
EEI consultants are among the world pioneers in structuring financing strategies through employee stock ownership plans (ESOPs) and related ownership-broadening mechanisms. Members of our team include founder Norman G. Kurland who worked closely for over eleven years with the late ESOP inventor Louis Kelso. Mr. Kurland crafted the first ESOP laws in the U.S. and internationally, as well as several of the “world’s firsts” in ESOP applications.
Over the past 30 years, EEI’s professionals have designed and implemented prototype leveraged employee buyouts, and have authored model ESOP legislation in the U.S. and internationally. We have decades of experience in the legal, administrative, financial, managerial, communications and policy elements of ESOP and expanded share ownership for enterprises and countries, including those in developing and transforming economies.
In 1984 several of EEI’s founders along with others co-founded the independent, all-volunteer, non-profit educational and research organization, the Center for Economic and Social Justice. CESJ promotes the principles, Kelsonian binary economic theory and expanded capital ownership applications of the “Just Third Way” paradigm of economic personalism. EEI contributes a portion of its profits to CESJ to support its educational mission world-wide.
We are committed to providing our clients with the best value in the ESOP industry—the highest quality services at the lowest possible cost.
"I encourage you and the bank to continue to provide technical assistance and credit to promote the ESOP approach within other countries you serve…. I am confident that Mr. Kurland would be very helpful to you in developing strategies for spreading ESOPs throughout the Western Hemisphere. That would be a very important step towards creating a common market for all the Americas and strengthening the bonds of friendship and commerce for all our people.”
Former US Secretary of Agriculture Mike Espy, Letter to Engrique Iglesias, President of the Inter-American Development Bank (June 10, 1993)
"The participants found your presentation one of the most interesting of the program – many commented in their final evaluations that ESOPs were an attractive option for their countries.”
International Law Institute, Washington, D.C.
“One uniquely beneficial U.S. effort in Egypt…. the Alexandria Tire Co. recently became the first leveraged Employee Stock Ownership Plan (ESOP) in the Third World…. Such technical assistance that promotes democratic capitalism is the kind of stuff AID should be seeking to make its hallmark.”
Melanie Tammen, Competitive Enterprise Institute, Editorial page of the Wall Street Journal (Jan. 1989), on the EEI-designed and installed Employee Stock Ownership Plan for the Alexandria Tire Company in Alexandria, Egypt
"[W]ere it not for having met you, I am not sure whether Mid- South would be an ESOP company today. Not only do you continue to provide excellent services at reasonable prices, but you continue to keep us excited about the ESOP concept. I can’t believe that [over 30] years have passed since we created our employee stock ownership plan and became one of the first 100% Employee Owned, 100% Bank Financed ESOPs in the country.”
Andrew R. Tavss, President and CEO, Mid-South Building Supply, Inc., Springfield, Virginia
"[Y]ou’ve not only provided our company with expert administrative services, but more importantly you’ve instilled in our corporate culture a sincere form of fairness and equity that I believe will guarantee the success of our company for many years to come."
Jack Metzner, President Conservit, Inc. Hagerstown, Maryland
"[W]e appreciate your commitment to assist [Tanzania Harbours Authority] to adopt a ‘third way’ approach to privatization developed by your firm…. Your input at this stage is highly desired."
Jane Kitilya, Director of Planning, Office of the Director General Tanzania Harbours Authority