Employee Ownership Trusts
UK based companies are increasingly looking to sell a majority stake of the company to a trust to be held for the benefit of their employees. Creating greater employee engagement, it allows founders of a company to exit their business to a friendlier buyer then a typical third party sale process.
We provide independent trustee services as a majority shareholder with oversight of the board and working with the dedicated employee council.
This helps companies avoid significant conflicts of interest in situations where the company board of directors act also as trustees of the Employee Ownership Trust and ensures a professional trustee with the relevant experience works with the company to achieve the best outcomes for employees.
