An Employee Ownership Trust is an exit route that allows a founder to sell their company to the employees – without the employees having to put in their own money. At Go EO, we manage the technical side of the EOT sale, taking care of all elements of the transaction, from the legals and financials to the trust structure and HMRC processes.
Why EOTs work for founders
An EOT sale offers a range of benefits to founders, like staying in control of the sale process and Capital Gains Tax relief. Most importantly, the business stays independent. The culture, the team, and the values the founder spent years building are carried forward by their team.
There could also be an upside for you too. Unlike a trade sale where new owners typically arrive with their own advisers, in an EOT the leadership remains the same, meaning the accounting relationship you’ve built has a good chance of continuing.
How our partnership works
Our relationship is with you. How much direct contact we have with your client is entirely your call. Some accountants want to stay closely involved at every stage, using us as a back-office function. Others prefer us to take the lead on the technical conversations. Most sit somewhere in between. We’re comfortable with all this.
Oliver Twentyman, Chartered Tax AdviserAs a professional adviser, I have worked alongside Chris on a number of EOT sales now and his insight and support have been invaluable.
Why work with Go EO
- Everything under one roof, including the legal work. EOT sales involve legally reserved work that must be handled by a qualified legal professional. We work alongside legal partners to ensure this is covered properly, in an affordable way.
- Specialist experience. EOT transactions are all we do. We’ve completed dozens, and supported businesses across a wide range of sectors. We know what works and how to keep the process moving.
- Been there. Done that. Our founder, Chris Maslin, sold his own accountancy business to an EOT in 2021. We understand the EOT sale process from every side. And we understand your world.
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His advice and support has been simply indispensable. -
If you are considering the EOT route for your business and need assistance, I recommend Go EO without hesitation or qualification.
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Chris was very efficient, professional, patient and took the time to carefully explain any queries that I raised and went to great lengths to ensure all points were understood.
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Experts in the EOT field. Highly recommended.
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Chris and the team are absolutely fantastic. They made the process of making my company an EOT incredibly easy.
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I would recommend Go EO as a cost effective way to sell your company into Employee Ownership.
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What could have been a long, costly process was in fact a very simple and stress free experience.
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The process has been quick and frustration-free, and Go EO's fees are highly competitive.
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Chris and Laura transformed the whole EOT transition process from the complex, prohibitively costly experience that some solicitors described, to the smooth, straightforward process that the government website says it should be.
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Great work from Chris and Laura. Very professional and helped us achieve our goal of transitioning to an EOT.
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Chris is incredibly knowledgeable, conscientious and helpful when it comes to advising on employee ownership projects.
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Extremely pleased with the process and outcome. Chris was hugely supportive and instrumental in getting us over the line.