Baessler Homes is Now 100% Team Member Owned
October 13, 2023
Baessler Homes Embarks on a New Chapter through Employee Ownership
[Greeley, CO 10/13/2023] — Baessler Homes, a prominent leader in the Northern Colorado homebuilding industry, announced a significant milestone in its 55-year history. The company has transitioned from a privately owned family company into a 100% employee-owned company through an Employee Stock Ownership Plan (ESOP).
The decision to become an ESOP company demonstrates the commitment of its previous owners, Jamie and Sarah Baessler, in living out the Company mission “to love and serve all…” by caring for the team and being a blessing to the community. This transition allows all team members to become employee owners sharing the company's continued growth & success.
The ESOP model is designed to reward team members as owners and further enhance the company culture. This transition has been in the works for more than a year with meticulous planning and careful consideration from the Leadership Team at Baessler Homes. Company leadership will continue with Jamie Baessler as CEO, Tanya Smith as CFO, and Steve Bricker as President of Home Building.
“We look forward to continuing our commitment to living out Relational and Operational Excellence while creating opportunities for our team members to grow their talents and reach their full potential. Baessler Homes has been distinguished by a culture which puts people and relationships first, and this transition to an ESOP supports our goal to be an employer of Choice.” said Jamie Baessler, CEO.
About Baessler Homes:
Baessler Homes is a trusted and innovative homebuilder with a long-standing reputation for delivering exceptional quality and an unmatched buyer experience. Based in Greeley, Baessler Homes has been a driving force in the local real estate market for over 55 years. The company's vision is to “build the most valuable homes in the marketplace”, helping people achieve their dreams of homeownership while contributing positively to the communities they serve.