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Employee-Owned ABA Is Rare, and North Arrow ABA Just Chose It Over a Private Equity Exit. Founder Jonathan Timm Explains Why an ESOP Was the Only Path That Fit the Company He Built.

Employee-Owned ABA Is Rare, and North Arrow ABA Just Chose It Over a Private Equity Exit. Founder Jonathan Timm Explains Why an ESOP Was the Only Path That Fit the Company He Built.

by Ethan Webb | Jul 14, 2026 | M&A

North Arrow ABA’s Jonathan Timm on picking an employee-ownership ESOP over a private equity sale, the Chief Clinical Officer he just named, and his Michigan bet. Key Takeaways A deliberate rejection of the private equity playbook. North Arrow ABA has finished...

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