Our corporate, tax and trust specialists are skilled at helping owner-managed and family-run businesses transition to an employee ownership trust (EoT) structure. We’re also known for our expertise in helping businesses with succession concerns, as well as preserving a business’ existing cultures and values.
If you’re looking to transfer shares to an EoT or considering succession planning, we’ll be happy to discuss the advantages of a sale to an EoT with you, advise on the terms of the sale, and draft the relevant legal documents.
We understand the ways in which employee ownership can lead to increased productivity and engagement from employees, who also benefit from bonuses that are exempt from income tax.
The current business environment means that with no capital gains tax payable by shareholders selling a controlling interest, a sale to an employee ownership trust (EoT) is becoming increasingly popular.
A sale to an EoT can either provide shareholders with a full exit, selling 100% of their shares, or a partial exit where they retain up to 49% of the shares.
The structure also allows for members of the management team to hold shares or share options themselves, as well as to decide how and when the value of shares is realised.
Our goal is to make your experience as stress-free as possible. Our stellar team can also offer advice in relation to the establishment, constitution and governance of the EoT itself, whilst putting your mind at rest with regards to funding options, be it self-funded or through external sources.
We pull out all the stops, so you can focus on what matters knowing you can count on us at all stages.
Advised on the transfer of shares from the shareholders to an employee ownership trust.
Advised a bank in relation to an employee ownership trust structure as part of their refinancing of the group.
Advised a bank on the financing of a transfer of shares from the shareholders of a company to an employee ownership trust.
In this session, we examined the legal framework around grant funded collaborations and discussed the key risks to be aware of, including IP ownership and compliance with grant terms.
Bishopsgate Corporate Finance and law firm Browne Jacobson have jointly advised on the acquisition of award-winning tech solutions business, Custard Technical Services by US managers services and cyber security provider, Thrive.
Law firm Browne Jacobson has appointed former Vice President and Chief Planning Officer (CPO) of Aston Martin Lagonda, Nikki Rimmington as its first Non-Executive Director (NED) of its Manufacturing & Industrials sector strategy board.
Browne Jacobson’s corporate technology dealmakers have advised Agilico, a workplace technology business, on its acquisition of Capital Document Solutions Limited for an undisclosed amount.
Browne Jacobson’s lawyers have advised Suez SA and its shareholders on its acquisition of its former UK waste management business – Suez R&R UK - from French headquartered business Veolia for an enterprise value of £2 billion.
Browne Jacobson’s national private equity (PE) lawyers have advised leading mid-market PE investment firm, Palatine Private Equity (Palatine) on its exit from CTS Group, the fast-growing specialist in testing, inspection and geoengineering consulting services to the construction and infrastructure sectors.
Browne Jacobson’s corporate finance lawyers have advised leading mid-market private equity firm, LDC and management on the sale of specialist managed IT services provider, Littlefish to Bowmark Capital.
Browne Jacobson’s private equity (PE) dealmakers have advised Palatine Private Equity backed CTS Group (Construction Testing Solutions Limited) on its acquisition of In Situ Site Investigation, a market leader in Cone Penetration Testing and Pressuremeter techniques and ground investigation services.
There are clearly challenging macro-economic factors at play but at Browne Jacobson we continue to see good levels of transactional activity with certain sectors being particularly buoyant: healthcare, financial services, energy & infrastructure and tech.
Browne Jacobson’s Manchester based corporate lawyers have advised tech enabled shipping and logistics service provider, World Options on its majority buyout by Italian headquartered MBE Worldwide (“MBE”) for an undisclosed sum.
Browne Jacobson’s corporate tech lawyers have advised specialist bicycle insurer Laka on an investment from Porsche Ventures (a venture capital division of Porsche AG), bringing its series A investment round to a total of $13.5m.
Browne Jacobson’s corporate dealmakers have advised leading property consultancy, Fisher German, on its merger with property consultants Matthews & Goodman in a move that will see the joint businesses now approach a turnover of almost £60m.
Browne Jacobson have successfully advised leading mid-market private equity firm LDC on its investment into global programmatic advertising company, Blis. The transaction will support Blis’ international growth strategy.
Browne Jacobson’s corporate finance team is celebrating after winning the prestigious “Corporate Law Firm of the Year’ award at this year’s East Midlands Dealmakers Awards.
Browne Jacobson’s corporate dealmakers have advised Coniston Capital on its management buyout (MBO) of bespoke kitchen design manufacturers Harvey Jones for an undisclosed sum.
Browne Jacobson’s banking & finance lawyers have advised HSBC UK Bank plc on the financed management buy-out of Derby-based bicycle supplier and distributor, Moore Large for an undisclosed sum.
The government has recently published the Corporate Transparency White Paper – it follows previous consultations on improving the quality and value of financial information on the UK companies register, powers of the registrar and implementation of the ban on corporate directors, which were published in 2020.
Browne Jacobson have successfully advised Triangle Fire Systems, its shareholders and management team on a £9m investment by the Business Growth Fund (BGF).
Browne Jacobson has strengthened its independent health & social care team with the addition of corporate finance lawyer Vicky Tomlinson.
Browne Jacobson’s national private equity (PE) lawyers have advised leading mid-market PE firm, Palatine Private Equity on its buyout of Jessup.
Browne Jacobson’s national private equity team is celebrating after one of its deals with Foresight Group LLP (Foresight) won the Private Equity/Venture Capital Deal of the Year at last night’s Insider Northern Ireland Dealmakers Awards 2022.
Browne Jacobson’s award-winning corporate finance team has cemented its status as one of the country’s leading corporate finance teams after being named in the UK’s top 20 legal adviser rankings and the top Midlands top 10 legal advisers.
Browne Jacobson’s Manchester based banking and private equity lawyers have advised OakNorth Bank on its loan facility to Apprentify Limited, a leading provider of digital marketing and tech apprenticeships for the North.
In the last nine months of 2021 we saw a huge amount of activity across all sub-sectors of health and social care.
Browne Jacobson’s corporate dealmakers have advised one of the UK’s leading fertility and IVF clinics, CARE Fertility (CARE) on its acquisition of Genesis Health Care LLP (trading as Leeds Fertility) for a confidential consideration.
Browne Jacobson’s private equity dealmakers have advised Palatine Private Equity backed Construction Testing Solutions Limited (CTS) on its acquisition of Glasgow headquartered geoenvironmental testing consultancy business, Mason Evans Partnership Limited (Mason Evans).
Browne Jacobson’s private equity dealmakers have advised the management sellers of CARE Fertility (CARE) on the sale of the entire issued share capital of CARE for an undisclosed amount.
Browne Jacobson’s national corporate tech lawyers have advised specialist insurtech business Laka on its $12m series A investment round. The cash injection will allow Laka to expand its operations across Europe and support its new retail partners based in Belgium, France and Germany.
Browne Jacobson’s award-winning corporate dealmakers have advised the shareholders of Medline Scientific on its sale to diversified global provider of life science reagents, tools, instruments and other consumables, Calibre Scientific for undisclosed consideration.
Long-standing client DSP-Explorer was advised by Browne Jacobson’s award-winning corporate finance team.