10 Employees Who Purchased the Companies, They Worked For

9. Kevin Pernice
LaZBoy Comfort Studio

Kevin Pernice bought ‘LaZBoy Comfort Studio’ in 2009; the store was about to get closed at that time. By 2009, he had completed 20 years in LaZBoy. He was working as a manager in LaZBoy.

Being a manager for 20 years, he knew all the tips and tricks to run the business. So, he decided to buy LaZBoy. He tried most of the banks and almost all the banks denied him such a huge amount. At last, one bank offered him the loan.

10. Todd Adelson
Bolduc's Apparel

Though Todd Adelsen was born in a family of apparel business; his father owned a T-shirt-printing company in 1989.

Tood, after finishing his schools, joined their family business as a normal worker. His hard work and excellent skills in the business boosted the company’s revenue to $5 million. By that time, he became the head of the sales of Bolduc’s Apparel.

In 2009, he went on a deal with the senior Adelson about buying the company. Based on a 60-month payment plan, his father agreed to sell him the company.

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