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Firm profile

WithersRavenel, Inc.

Employee-owned (ESOP)HQ Cary, North Carolinawithersravenel.com

Every fact below carries a source link and an as-of date. Informational only. Ownership statements are limited to primary announcements and filings.

Headquarters
Cary, North CarolinaSource: withersravenel.com/careers · As of 2026-10-06
Founded
1983, co-founded by Tony Withers and Sam Ravenel, per a firm news releaseSource: withersravenel.com/news/tony-withers-named-cary-ch… · As of 2026-10-06
Ownership type
Employee-owned (ESOP): the firm's careers page states it is a 100% employee-owned company; a DOL Form 5500 ESOP filing is listed under ESOP dataSource: withersravenel.com/careers · As of 2026-10-06
Sponsor or parent
In 2014 the founders sold the company to its employees, per a firm news releaseSource: withersravenel.com/news/tony-withers-named-cary-ch… · As of 2026-10-06
Website
withersravenel.comSource: withersravenel.com/company · As of 2026-10-06

Legal name, DBA and former names

  • WithersRavenel, Inc. (Texas board record; DOL Form 5500 sponsor name); founded as Withers & Ravenel, Inc.Source: withersravenel.com/company · As of 2026-10-06

Identifiers (UEI, state registrations)

Ownership type

  • Employee-owned (ESOP): the firm's careers page states it is a 100% employee-owned company; a DOL Form 5500 ESOP filing is listed under ESOP data.Source: withersravenel.com/careers · As of 2026-10-06

Sponsor, parent or transaction

  • In 2014 the founders sold the company to its employees, per a firm news release.Source: withersravenel.com/news/tony-withers-named-cary-ch… · As of 2026-10-06
  • Proposed ownership change: on 2026-09-22 the firm announced a proposed strategic partnership with Long Point Capital, a private investment firm; the release states the proposal remains subject to the ESOP Trust's approval, acting through its independent trustee, and customary closing conditions. The transaction had not been announced as closed as of 2026-10-06.Source: withersravenel.com/news/withersravenel-announces-p… · As of 2026-09-22

Services and markets

Leaders

Deals

Licences (board records)

ESOP plan data (Form 5500)

  • DOL Form 5500 plan year beginning 2024-01-01: WITHERSRAVENEL, INC. EMPLOYEE STOCK OWNERSHIP PLAN (ACK_ID 20251014155210NAL0004431168001), 329 active participants and total plan assets of $45,173,950 at year end.Source: dol.gov/agencies/ebsa/about-ebsa/our-ac… · As of 2025-10-14

Public filings

  • DOL Form 5500 filings, plan year beginning 2024-01-01, NAICS 541330: WITHERSRAVENEL, INC. EMPLOYEE STOCK OWNERSHIP PLAN (ACK_ID 20251014155210NAL0004431168001, 329 active participants); WITHERSRAVENEL HEALTH INSURANCE PLAN (ACK_ID 20260112093322NAL0017457264001, 440 active participants); WITHERSRAVENEL, INC. 401(K) PROFIT SHARING PLAN (ACK_ID 20251014153224NAL0006672306001, 444 active participants)Source: dol.gov/agencies/ebsa/about-ebsa/our-ac… · As of 2025-10-14

Rankings and awards

News timeline

Ownership tag: Employee-owned (ESOP). Profiles are informational, compiled from public sources linked above. Firms may request corrections. A listing is not an endorsement.

Richard C. Wilson

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