An employee ownership trust (“EOT”) is a trust that is set up to acquire shares in a trading company and holds them on behalf of the employees of the company. There are several benefits to both the employees and the sellers disposing of their shares to the trust, both...
The construction sector is driving one of the most significant shifts in business succession seen in recent years. 14% of all employee-owned businesses in the UK are in construction, following an 6,000% increase in companies moving to an Employee Ownership Trust since...
Hawsons Chartered Accountants has advised on the transition to employee ownership of Barnsley-based construction group comprising DSM Roofing Ltd and Dibsa Structures Ltd. DSM Roofing is a specialist building envelope contractor, offering services including roofing,...
Hawsons Corporate Finance had the pleasure of supporting Pest Control Supermarket.com through their transition to an Employee Ownership Trust. 10.01.2025: Hawsons has advised Pest Control Supermarket.com (PCS) on its transition to an Employee Ownership Trust (EOT),...
Hawsons Corporate Finance had the pleasure of supporting Lindway Scaffolding Limited (“Lindway”), a family run scaffolding company, during its transition to Employee Ownership. The company, based in Chesterfield, and mostly serving the East Midlands and South...
Hawsons Corporate Finance had the pleasure of supporting Lyndhurst Cooling & Heating Services Limited (“Lyndhurst” or “the Company”), a family run commercial cooling and heating solutions specialist, during its transition to Employee Ownership. Lyndhurst was...
Hawsons Corporate Finance had the pleasure of supporting Home Utility Group Limited (“HUG”), a well-established heating, ventilation and air conditioning (“HVAC”) systems distributor and installer, during its transition to Employee Ownership. About Home Utility...
Hawsons Corporate Finance are delighted to announce that Spencer Agents have completed their transition to an Employee Ownership Trust. Spencer Agents are a local and independent estate agent based in Sheffield. Founded in 1993, we believe that they are the first...
Hawsons Corporate Finance had the pleasure of supporting Spawforths, a masterplanning and architectural consultancy based in Wakefield during their transition into employee ownership. The Wakefield-based company works on an array of development projects, spanning from...
Peter Wilmer and Jack Ware, members of the Hawsons Corporate Finance team, acted as lead advisors for TMS Europe Limited’s (“TMS”) transition into employee ownership. Ryan Fitzpatrick from Shakespeare Martineau LLP provided legal advice on the transaction. TMS Europe...
Employee Ownership is where the whole or part of a Company is owned by, or on behalf of, its employees. The government introduced some new and relatively generous tax reliefs for employee-owned companies in 2014 and since then Employee Ownership Trusts (“EOTs”) have...
Hawsons Corporate Finance had the pleasure of supporting Custom Made Kitchens Limited (“CMK”), a well-established manufacturer of bespoke kitchens based in Doncaster, South Yorkshire, during its transition to an Employee Ownership Trust. The exiting shareholder, Keith...