BDO Capital Advises VPG Holdings, Inc. on the sale to an ESOP

Atlanta, GA – February 5, 2025 – BDO Capital Advisors, LLC (BDO Capital) is pleased to announce that VPG Holdings, Inc. (VPG or the Company) has sold 100 percent of its stock to a newly formed Employee Stock Ownership Plan (ESOP). BDO Capital served as the exclusive financial advisor to VPG on this transaction, which builds on the firm’s robust ESOP Advisory experience with financial services firms. Blake Head, Managing Director, Justin Tu, Director, Adnan Muminovic, Vice President, and Hayden Smith, Senior Associate, led the client engagement for BDO Capital. 

Founded in 2004, VPG is an accounts receivable management company with a focus on receivable purchases in the fintech industry. With their network of law firms and agencies, VPG has an industry-leading collection system and a two-decade track record of successful collections.

VPG Holdings, Inc. logo.

We are appreciative for the expertise and support provided by BDO Capital throughout our ESOP transaction process. From the initial planning stages to the final execution, their team demonstrated an understanding of our goals in becoming an ESOP owned company. They offered clear guidance, thoughtful structuring advice, and attention to detail, ensuring that our objectives were met. Thanks to BDO, we were able to create a successful ownership transition that aligns with our long-term initiatives. We highly recommend BDO Capital to any business considering an ESOP.

Jack Kleinert
CEO of VPG Holdings, Inc.