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3LS, Inc. acquires 40 Million Owners

PRIVATESep 04, 2025

Acquiring Company

3LS

Acquired Company

40 Million Owners

NashvilleNashvilleHuman ResourcesHuman ResourcesEmployee BenefitsConsulting

Description

3LS, Inc. has acquired the ESOP advisory firm 40 Million Owners, which will join its 3LS Professional Services division. The acquisition aligns with 3LS's mission to build and grow sustainable employee-owned enterprises. Co-founders Mike Brady and Michael Morosi will play key roles in the integrated organization, boosting advisory capabilities for ESOPs.

Quick answer

3LS is acquiring 40 Million Owners, announced September 4, 2025. 3LS is based in Nashville, Tennessee, United States.

How much did 3LS pay for 40 Million Owners?
The deal value was not disclosed.
What does 3LS do?
3LS, Inc. is a rapidly growing family of 19 employee-owned companies, with nearly 800 employees across the country, unified in their mission to empower good.
Where are 3LS and 40 Million Owners based?
3LS is based in Nashville, Tennessee, United States. 40 Million Owners is based in Nashville, Tennessee, United States.
Who are the decision-makers at 3LS?
Fundz holds 1 contact at 3LS. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

3LS

Location

Nashville, Tennessee, United States

About

3LS, Inc. is a rapidly growing family of 19 employee-owned companies, with nearly 800 employees across the country, unified in their mission to empower good. With roots in health and human services, today 3LS invests in quality child welfare and behavioral healthcare services, transformative technology, and exceptional professional services — driving growth and impact for similar changemaker organizations and generational opportunity for its employee owners.

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Frequently asked

Who acquired 40 Million Owners?

40 Million Owners was acquired by 3LS, based in Nashville. The deal was reported on September 4, 2025. 3LS, Inc. is a rapidly growing family of 19 employee-owned companies, with nearly 800 employees across the country, unified in their mission to empower good. 3LS is privately held and operates in Human Resources.

When did 3LS acquire 40 Million Owners?

3LS's acquisition of 40 Million Owners was reported on September 4, 2025. 3LS, Inc. has acquired the ESOP advisory firm 40 Million Owners, which will join its 3LS Professional Services division. The acquisition aligns with 3LS's mission to build and grow sustainable employee-owned enterprises. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does 40 Million Owners do?

40 Million Owners is an ESOP advisory firm dedicated to helping employee-owned companies grow through acquisitions. Co-founded by Mike Brady and Michael Morosi, the firm aims to create a future where employee ownership is the norm. It is privately held, operating in Human Resources, and is based in Nashville.

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