<span>This research project focuses on how ESOPs can accomplish successful acquisitions. Most successful ESOPs implement various types of progressive management strategies including open book management and open door communication policies and procedures. These practices of active employee engagement and participation enhance productivity and profitability because employees are personally empowered to improve company performance. Somewhat of a mystery is the question of why there are not more ESOPs. If their numbers are to increase, it can only occur through two methods: 1) employees purchase the company from an owner, and 2) other companies are acquired by an existing ESOP. This study focuses on </span><span>the second option and researches the following questions: 1) How does an ESOP company accomplish a successful acquisition? and 2) What, if any, organizational behavior patterns are associated with this process? The investigation uses an open-ended research methodology interviewing thirty ESOP executives, whose companies have completed both successful and unsuccessful acquisitions. The findings of this project revealed that certain organizational behaviors do indeed contribute to successful acquisitions. Keywords: ESOP acquisitions; organizational behaviors; altruistic behavior; emotional connection; shared vision; open book management; open door communication; employee engagement and participation.</span>
