Milestones

FSSI Becomes Employee-Owned Through an Employee Stock Ownership Plan (ESOP)

Image: Santa Ana, California location icon Santa Ana, California on March 17, 2022

After 40 years of significant expansion and growth, FSSI starts its next chapter as an employee-owned company.

FSSI recently joined an elite group of companies across the U.S., completing a transaction to become partially employee-owned through its newly-created Employee Stock Ownership Plan (ESOP). Under this plan, all eligible employees will earn ownership through their years of service – at no cost – accumulating tax-deferred retirement wealth while having a stake in the company’s financial success.   

FSSI ESOP Logo.

After 40 years of tremendous expansion and growth, FSSI’s owners decided to transition a significant part of the company’s total ownership to their employees through the ESOP, a qualified employee benefit retirement plan. All eligible employees will be granted shares of company stock each year, allowing them to earn ownership over time through their continued service.


“Our employees are trusted and valued team members and we want them to benefit beyond their wages as they work together to help grow FSSI. By creating an ESOP, our employees get an opportunity to own a piece of the business that they have contributed to through their hard work and loyalty.”

Jon Dietz – FSSI Founder

“Employee ownership through the ESOP fits well with our strong company culture and core values, which include extraordinary effort, custom care and passion for service. Our goal through this process was to ensure that anything we do long-term as owners helps our employees succeed long-term as well. We look forward to continuing to excel at meeting our clients’ needs – with the entire FSSI team sharing in the rewards of success.”

Jennifer Dietz – FSSI President and CEO

Throughout the ESOP transition, FSSI was advised by Ambrose Advisors, a national investment banking firm specializing in employee-ownership transactions. Michael Harden, Senior Managing Director, stated, “The Dietz’ goal was to secure a sustainable future for FSSI in a manner that would be highly beneficial to its managers, employees, customers, vendors and the community. Employee ownership, when done right, benefits all stakeholders and should be celebrated. It is a true win/win transaction for all parties involved and we were pleased to be a part. We heartily congratulate FSSI and thank them for trusting Ambrose Advisors to manage this transition process.”


About Ambrose Advisors

Ambrose Advisors Logo.

Ambrose Advisors is a national middle-market investment bank and financial advisory firm focused on guiding and assisting business owners with ownership succession planning, primarily through employee ownership. http://www.AmbroseAdvisors.com.


About FSSI

FSSI is a WBE-certified document outsourcing company that helps businesses maximize their impact and strategic value through highly-customizable print-mail and digital communication solutions. Serving the financial, insurance, healthcare and other regulated industries, FSSI is well-versed in the security and data practices necessary to handle confidential customer information and remain compliant. Learn more about FSSI's capabilities by visiting fssi-ca.com. For business opportunities, please contact Executive Vice President of Business Development Dan Palmquist at 714.436.3300 or .