RVE Corporate Finance

Gerry Young, Mark Butler and Tom Lethaby attended the eoa Annual Conference this week in Telford for an inspiring couple of days hearing from a broad range of employee owned businesses, including the wonderful team at Bain and Gray - many thanks to Emily Bain for sharing her experience of employee ownership with the other attendees. #eot

Are you considering an EOT for your company? Would you like to hear from someone whose recently been through to the process? We are hosting a webinar with the eoa "How to become Employee Owned" (link below) 18th September - 11AM Join Tom Lethaby and Gerry Young who will explain how an EOT transaction typically works, they will also be joined by Jay Roff of Milestone Creative who transitioned into Employee Ownership last year using an EOT. https://lnkd.in/evzkcxZW

Gerry Young yesterday took part in the panel discussions regarding valuations for #EOT transactions at the Oxford Symposium on Employee Ownership chaired by Graeme Nuttall OBE. The event is a global gathering of the leaders, stakeholders, and government decision makers in the field of employee ownership. This unique annual event serves to explore major issues and obstacles to participatory capitalism and employee ownership with the ambition to incubate ideas and policies to advance employee owned business models worldwide.

Tom Lethaby and Gerry Young hosted a webinar with the Federation of Small Businesses (FSB) a couple of weeks ago. For anyone that missed it, the presentation video is now available on the FSB website. This webinar follows on from our sponsorship of the "Generation EO" report last November which really highlighted the opportunity for Employee Ownership to grow over the next few years. https://lnkd.in/eiYbwPr6 #eot #eoa #ownershipatwork #fsb

Yesterday's Times newspaper featured an article about potential changes to the way that EOTs are structured - banning off-shore trusts and putting more stringent tests in place to ensure that control passes from the former owners. RVE executive director, Gerry Young was featured in the article and commented "We think HMRC are reasonably happy with the way employee ownership trust relief is working. At some point they might cap it, but whether that happens this year, who knows?" The article also mentions an 8%-12% improvement in productivity observed in research undertaken by DJS Research in November - showing that the "John Lewis Economy" envisaged back in 2014 when EOT legislation was first introduced, is beginning to work for companies, employees and the wider economy. #eot #employeeownership https://lnkd.in/ecxWiii8 (Paywall)

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Whilst professional services is still the largest sector represented within Employee Ownership Trust owned companies, an analysis of the dozens of businesses we’ve advised over the years shows that selling to an EOT can work well across a much broader range of sectors than many imagine. If you would like to find out how your business might benefit from becoming Employee Owned, please get in touch. #eot #employeeownership #rve

As the New Year gets underway we'd like to say a big "thanks" to all our clients and supporters that made 2023 possible. #employeeownership #eot

RVE successfully completed another EOT transaction for a fire safety assessment provider in the run up to Christmas. Service providers of all types are generally very well suited to Employee Ownership – helping shareholders step back and securing an independent future for the Company and its employees. If you’ve been mulling over what the future holds for your business during the Christmas break please drop us a line to talk through how selling to an EOT might work. Happy New Year.