Company plans to be 100% employee-owned by December 2013
Burnsville, MN (December 23, 2008) — Superior Consulting Services (SCS), a technology firm that combines highly experienced IT professionals with Microsoft products and tools to solve business problems, announced today that four of its key employees now own 29% of the company.
Before the buyout, 60% of SCS was owned by John Miller, who also serves as the company’s president, and two additional outside owners who each owned 20%. Now, an additional four managers each own 7.25% and a key stake in the company—more input and influence on the company’s future and long-term goals. Under the buyout, Miller will still serve as president, and continue managing the firm’s relationship with clients, operations and sales staff.
Miller’s goal is for SCS to be 100% employee-owned by 2013. He also envisions doubling the total number of employees from 30 to 60. Miller believes the move to employee ownership is the best way to reach these goals, and ensure long-term success for the firm.
“While there’s no way to measure it, employee owners are more likely to take better care of clients and the company—company success is their success, and conversely, company failures are their failures,” said John Miller, president of Superior Consulting Services. “The caring behavior of employee owners will positively affect employee retention, morale and the company’s bottom line, and allow employees to influence the future of the firm. I wanted to give this opportunity to employees who have made a positive difference in the company.”
“I’m thankful to John for giving us the opportunity to influence Superior Consulting’s long-term success,” said SCS BI Consultant Paul Purington, who now owns 7.25% of the company. “And I’m excited to provide the same opportunity to deserving employees down the road.”
About Superior Consulting Services
Superior Consulting Services is a Microsoft Gold Certified technology firm that helps clients solve business problems. The firm proudly serves its clients with their best interest in mind to deliver solutions in four core areas: business intelligence (BI) and reporting services, application development, network services and special projects. Companies including, Symbology, Inc., UCare Minnesota, Benfield Group and Builders Lot Exchange rely on Superior Consulting Services’ highly skilled IT professionals and value the firm for its integrity, professionalism, responsiveness and innate desire to leave a lasting, positive impact. For more information about Superior Consulting Services visit www.teamscs.com.