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...
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...
Deal Completed – 2023 Hawsons Corporate Finance had the pleasure of supporting Hi-Tech Automation Limited (“Hi-Tech”), a well-established automation intelligence company, during its transition to Employee Ownership. The company, based in Kettering, Northamptonshire,...
Funding an EOT To fund an EOT transaction, the business would generally utilise surplus cash held in the business as initial consideration, whilst deferring the remaining amounts payable (typically paid in monthly installments) throughout a pre-defined future period...
Basics of an EOT An EOT is a trust that acquires shares in a company which are then held on behalf of the employees. It is an increasingly popular exit strategy for shareholders which offers attractive tax incentives and peace of mind over the future of the business...
Deal Completed – 2023 Hawsons Corporate Finance had the pleasure of supporting Caring Hands (Care Services) Limited (“Caring Hands”), a well-established domiciliary care business, with their transition to Employee Ownership. Based in Alfreton, Derbyshire, the company...
Why has the qualifying criteria been put in place? The economic contribution of employee-owned businesses in the UK is significant and growing. Greater productivity and higher levels of innovation whilst being more resilient to economic turbulence are some of the...
EOTs and Tax-Free Bonuses In this article, we discuss the tax-free bonuses that employees could benefit from in an employee-owned company. Under a qualifying EOT structure, as indirect owners, the employees are eligible to receive a share of the profits of the...