In celebration of Employee Ownership Day on June 23rd, GS Verde Group, a leading dealmaker in the UK, launches the EOT Toolkit, a comprehensive resource designed to help businesses navigate through the process of Employee Ownership transaction.
Run by the Employee Ownership Association (EOA), each EO Day, thousands of employee owners, EO businesses and supporters of employee ownership from across the UK come together to raise awareness of the benefits and impact of employee ownership.
GS Verde Group has seen an increased interest in EOT as a succession route in recent years. Notable deals GS Verde Group had advised on include:
Paramount: Paramount completed the Employee Ownership transaction in June 2021. The company has since enjoyed exponential growth winning prestigious projects such Gareth Bale’s Par59 Bar in Cardiff and the 3 Rivergate building in Bristol.
Educ8 Training: The staff of Caerphilly-based company Educ8 Training Group became majority shareholders of the business, in April 2022. Since becoming employee-owned, Educ8 Training Group has completed two further acquisitions and the business has continued to grow significantly.
Kenton Group: The Employee Buy-Out was completed at international telecommunications firm The Kenton Group via an Employee Ownership Trust in November 2022. The new employee-focused structure benefits the team and The Kenton Group as a whole, as it embarks on its next phase of growth.
GS Verde Group’s EOT Toolkit includes an Introductory guide to EOT, an explanation video, an integration guide, and a webinar recording featuring Grant Santos, CEO of Educ8 Training, speaking about his experience of completing the transaction.
The toolkit aims to provide knowledge and guidance on transitioning to an employee-owned model, including legal and financial considerations, governance structures, and best practices for employee engagement. Furthermore, it provides customisable templates for internal announcement and training, making it easier for businesses to effectively communicate the benefits of employee ownership to their workforce post-transaction.
“Employee Ownership Day is a time to celebrate the tremendous impact that employee-owned companies have on our economy,” said David Dulieu, Chief Commercial Officer at GS Verde Group. “The GS Verde Group EOT Toolkit aims to empower businesses to embrace employee ownership as a driver of innovation, productivity, and long-term sustainability. By equipping organisations with the tools and resources they need, we foster a culture of shared ownership and ensure that employees have a voice in shaping their future.”
GS Verde Group has a proven track record with EOT transactions. The launch of the EOT Toolkit further solidifies their commitment to promoting the benefits of employee ownership and championing a more equitable and inclusive business landscape.
To learn more about the GS Verde EOT Toolkit and how it can help organisations embrace employee ownership, visit https://www.gsverde.group/employee-ownership-tools
