UK based IT Support provider, Orbits IT Secures Future Growth Through Employee Ownership Trust (EOT), in a deal advised by GS Verde Group

UK based IT services provider, Orbits IT, has completed its to employee ownership sale, in a deal designed to secure the long-term stability, growth and independence of the business. The transaction was advised by multi-discipline corporate advisory firm, GS Verde Group.

The decision for an Employee Ownership Trust (EOT) structure was taken to safeguard the business’s future while recognising and rewarding the contribution of its staff, who have been central to Orbits IT’s sustained success and growth over the last decade.

The transaction ensures continuity for both clients and staff, with the business’s leadership team remaining in place to oversee operations and continue delivering the high level of service and technical expertise for which Orbits IT is known.

The transaction was managed and delivered with the support of GS Verde Group, who advised across all elements of the process, including deal structure, legal documentation, corporate finance, tax advisory and communications.

Jim Lewington, Director of Orbits IT commented: "Thank you very much for helping us achieve this. Everything has gone much quicker than we ever expected but we are delighted to be over the line with it. Your team were great, thank you to the teams across GS Verde."

GS Verde Group, which operates as a fully integrated multi-discipline advisory firm, specialises in guiding businesses through a wide range of corporate transactions including mergers, acquisitions, management buyouts, investment rounds, and employee ownership transitions.

The rise in Employee Ownership Trusts reflects a growing trend across the UK, offering an increasingly popular succession option for businesses seeking to preserve company culture, protect jobs, and secure long-term growth. The structure empowers employees to take an active role in shaping the business’s future. GS Verde Group continues to advise a growing number of businesses on EOT structures and corporate transactions across the UK and Ireland.

GS Verde Group advised throughout, and Orbits were also supported by the team at Cwmpas, more information available on EOT on our website.