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Protingent, a Redmond, Wash.-based information technology staffing firm, established an employee stock ownership plan. Owners Donn Havey and Tim Bruce will continue in their management roles for the forseeable future under the deal.
“The overriding benefit of an ESOP is that it allows employees to participate in the company’s growth and success,” Bruce said.
Protingent was founded in 2002 and has additional offices in Portland, Ore.; San Francisco; Orange County, Calif.; Austin, Texas; and Philadelphia.