ESOP for Contractors is an advisory service founded by Gary Gray to help construction business owners explore employee ownership and other succession strategies. It focuses on contractors across fields including civil, concrete, grading, general, mechanical, electrical, plumbing, and specialized trades. The practice is led by Gray, an experienced ESOP CEO who has navigated a transaction firsthand, and operates within Tenor ESOP Partners.

The firm guides owners through evaluating, structuring, financing, and completing an Employee Stock Ownership Plan transaction. Its services include financial analysis and modeling, comparison with alternative exit options, transaction coordination, due diligence preparation, lender and professional-team coordination, negotiation, and support through closing. The goal is to help owners unlock business value, plan a transition on their timeline, and preserve company culture while providing employees an ownership stake without personal financial risk. ESOPs may also offer tax advantages, liquidity for selling shareholders, and a retirement benefit for employees.

ESOP for Contractors also offers free consultations, an educational guide on maximizing business value through an ESOP, and a podcast featuring practical information and real-world examples for construction company owners considering employee ownership.