Denver, CO — September 2, 2024 — Xssentials, the Colorado-based technology design and installation firm that serves the Colorado Rocky Mountain Region, today announced a strategic succession plan that has been in the works for several years. The founders of Xssentials, David Daniels, Mike Thul, and Chris Thul, have shared that on August 31, 2024, ownership passed to six employees who have been successfully serving as Managing Directors since 2022.

The team of new employee-owners, in alphabetical order, is as follows: Will Brosius, David Brown, Russ Hohensee, Jess Silker, David Stys, and Sean Thul. This experienced team has been handling day-to-day management of Xssentials, with oversight from the owners, for the past two years. The six have a combined 84 years of service with Xssentials and its predecessor companies ESC and Thul.

“Our valuable customers, industry partners and—especially—our employees will not notice any difference in daily operations," said Mike Thul. "We've been planning this step as a natural progression for a number of years to ensure end-to-end continuity and ongoing positive experiences for all our stakeholders. The six Managing Directors, now the new owners, have been running the business for two years, and we have the utmost confidence in their ability to carry Xssentials forward in an exciting way with the same devotion we've embraced since the company's inception. We’re glad to be able to take these vital steps, and for our team that has worked so diligently to make the company successful. The transition will be100% seamless as we move Xssentials to the next generation of leaders.”

The current owners will continue as paid consultants for a period of five years but will not be involved in the everyday business procedures of Xssentials after the transaction date. Xssentials currently services more than 3,000 residences in 32 states and 16 countries.

About Xssentials
With more than 60 employees and offices in Aspen, Denver, and Avon (Vail), Xssentials designs, installs, and services audio, video, lighting, window covering, and control systems in the Colorado Rocky Mountain Region. Xssentials was formed in 2013 through a merger of Electronic Systems Consultants (ESC) of Aspen and Thul Electronics, Inc., (Thul) of

Avon, two companies that were independently formed in 1988. ESC was owned by David Daniels and Thul was owned by Mike and Chris Thul prior to the new ownership transition. To learn more, visit https://www.xssentials.com/.