Employee Ownership Trusts: The progressive way to sell a business
14 May 2021
In conjunction with Clarkslegal and Clydesdale Bank, on Friday 14th May we hosted an insightful webinar where we explained how EOTs can be used as a way to sell a business on an owner's terms.
Last year the Employee Ownership survey showed there were 470 employee-owned businesses in the UK; with a 28% growth in such companies in 2019 alone, it is clear that EOTs are on the rise. Acknowledged as a mutually beneficial structure for both employees and business owners alike, EOTs are proving to be an attractive option for owners looking to exit their business.
Our experts discussed the many advantages EOT has to offer business owners looking to sell including the tax benefits, fixed selling price, together with knowing that their legacy is secured into the future.
Our speakers included:
- Adrian Howells, Director in our Corporate Finance team
- Stuart Mullins, Partner in the Corporate and Commercial practice of Clarkslegal
- John Palmer, Director working within the Corporate and Structured finance division of Clydesdale Bank
Chaired by Ian Barton, a managing director in our corporate finance team.
Watch the recording now
Adrian Howells, Director in our Corporate Finance team
Stuart Mullins, Partner in the Corporate and Commercial practice of Clarkslegal
John Palmer, Director working within the Corporate and Structured finance division of Clydesdale Bank
Ian Barton, Managing Director in our Corporate Finance