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4 October 2021 | Webinars | Article by Andrew Hoad

Webinar: Employee Ownership Trusts replay

Over the last two or three years, Employee Ownership Trusts (EOT) have gained more traction; a new alternative to the two primary options (trade sale and private equity backed MBO) for owners of SME businesses looking to realise the value that they have built up in their Company. There were 225 EOTs approved by HM Revenue and Customs in the 12 months to the end of June this year. This is a tenfold increase in two years from the 20 EOTs approved in the 2018-19 tax year.

Andrew Hoad, EOT expert and Partner in our Corporate/Commercial team, recently ran a webinar on Employee Ownership Trusts (EOT), aiming to provide an introduction to EOTs. Joined by Kevin Uphill of Avondale, a corporate finance adviser who specialises in EOTs, they discuss the issues that need to be considered when contemplating a disposal to an EOT.

The webinar covers the following areas:

  • Legal practicalities
  • Trust Structure
  • Advantages of EOTs
  • Commercial drivers
  • Valuations
  • Deal Structure
  • Employee engagement
  • Company management in practice.

We have posted the webinar recording above, for you to watch at your leisure.

Author bio

A Corporate / Commercial Partner in our London city office, Andrew Hoad has over 23 years’ experience in dealing with all types of corporate transactions, including acquisitions and disposals, private and public equity fundraising and shareholder restructuring.

During his career, he has worked as a corporate lawyer for firms including Nabarro Nathanson, as well as establishing boutique corporate law practices, where he has been involved in building impressive client rosters from scratch.

Disclaimer: The information on the Hugh James website is for general information only and reflects the position at the date of publication. It does not constitute legal advice and should not be treated as such. If you would like to ensure the commentary reflects current legislation, case law or best practice, please contact the blog author.

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