Syska & Hennessy
September 18, 2000
Syska & Hennessy(New York) has completed a management buyout of a controlling block of the firm’s shares. Under the terms of the transaction, the Syska & Hennessy organization repurchased company stock from Hennessy family members not directly involved in the operation of the firm. John Hennessy, III, P.E. will continue to serve as chairman and ceo, while holding a significant minority ownership position.