Action Communications Group sold to Employee Ownership Trust Action Communications Group, a full-service marketing agency specialising in the fitness and wellness industries has sold to an Employee Ownership Trust (EOT). Established in 2010 by Cheryl Thompson and Dawn Tuckwell, the business started out providing communications and PR services, but now offers the widest range of…
Goodman Nash sold to Employee Ownership Trust Goodman Nash, an independent UK based business rate recovery specialist has sold to an Employee Ownership Trust (EOT). Established in 1994, Goodman Nash is a company that specializes in providing advice and assistance to businesses with regards to their business rates on commercial properties. Their main objective is…
Mayflower Group sold to Employee Ownership Trust Mayflower Group, established in 2006, supplies bathroom, bedroom, and kitchen products to domestic customers, hoteliers, and house builders across the UK and Europe. Under AVEOT’s guidance, the company’s sale was completed at full market value, encompassing strategy, valuation, tax clearance, and the establishment of an Employee Ownership Trust…
The Autumn 2024 budget delivered an unwelcome, though not entirely unexpected, increase in Capital Gains Tax (“CGT”). This policy change has had immediate and expensive ramifications for Britain’s small and medium-sized enterprise (“SME”) owners, particularly those planning to sell their businesses. If that’s you, then it’s crucial to understand the implications and review your exit strategy accordingly.…
iGas Technology Solutions sold to Employee Ownership Trust iGas Technology Solutions (iGas), has sold to an Employee Ownership Trust (EOT). The business is a global leader in the design, engineering, and delivery of projects to the industrial gases sector. Established in 2001, iGas is a fully independent company, working with all global gas producers and end users…
Intelligent Finishing Systems sold to Employee Ownership Trust Could you take value out of your business by selling it to your staff? And why would you want to? Intelligent Finishing Systems (IFS), a supplier of print finishing and bindery equipment to printers, have done just that, thanks to our knowledge, support and guidance. IFS supply…
vc_row] 5 minutes read Following the widely anticipated increase in Capital Gains Tax (“CGT”) announced in last month’s budget (24%), our team has already seen a huge surge in enquiries from clients seeking alternative exit structuring options for future business sale transactions of their family firm. Questions around Inheritance Tax (“IHT”) are also growing. Many business…
As companies seek ways to adapt to an evolving social and economic landscape, traditional business models of ownership and operation are being re-evaluated. In light of ongoing uncertainty with the new tax regimes, business owners face increasing pressure to future-proof their companies. The Employee Ownership Trust (EOT) has emerged as an attractive option for those…
Primacare Group sold to Employee Ownership Trust Primacare Group, a British manufacturer of specialist seating, predominantly for people with mobility difficulties includes Primacare Holdings Ltd (established in 2015) and two trading subsidiaries: Primacare Ltd (founded in 2004) and Prima Fabrications (acquired in 2011). The sale was completed at a full commercial value, with Avondale managing…
Many business owners are now turning to Employee Ownership Trusts (EOTs) as a more attractive exit strategy. Since their introduction in 2014, EOTs have offered appealing tax benefits, including a 0% capital gains tax for owners transferring a controlling stake. This advantage is even more pronounced following yesterday’s budget, which raised Capital Gains Tax (CGT) from 10%…
