An Employee Buy-Out has been completed at international telecommunications firm The Kenton Group via an Employee Ownership Trust, in a deal advised on by the GS Verde Group.
Staff at The Kenton Group are now majority shareholders, collectively owning a 51% share of the business via a Trust.
The structure is employee-focused, with benefits for the team and The Kenton Group as a whole, as it embarks on its next phase of growth.
Businesses looking to complete an EOT will require both financial and legal support, to complete financial modelling, business valuation, legal structuring and shareholder agreements.
Find out if an Employee Ownership sale is right for your business, and get full access to our EOT webinar here.