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A California based company on a mission to grow the wealth of everyday Americans. Zolidar is the easy button for employee ownership.

👋 Meet Zolid AI

Here to support your company's exit journey — Zolid AI can answer questions and provide insights. Free for now, with fair usage limits.

Your conversations are not shared with others. We may review them to improve Zolid AI.

Ask me anything

Zolid AI may provide inaccurate info, so verify responses.

Definition of Employee-Led Buyout on The Grid Glossary

Employee-Led Buyout

Also known as: ELBO

Published on 2024-04-17 | Last edited on 2024-07-24

Definition

A conversion to EO facilitated by 3rd party financing (e.g., Apis & Heritage, Obran) and often accompanied by educational support services