
Jurit helps E-vate on transition to employee ownership
The change keeps the company’s culture, independence and direction intact and supports growth and employee engagement.

The change keeps the company’s culture, independence and direction intact and supports growth and employee engagement.

The business, part of the Involvement Group, said the move is designed to place employees at the centre of its long-term strategy and future growth.

Under the new structure, a trust holds the company’s shares on behalf of employees.

Totum said this structure will help maintain the business’s independence, culture and quality of service.
John Baumback, CEO at Seetec, said: “Employee ownership is a proven path to stronger businesses and stronger communities."

The Government estimates that these changes will raise £0.9bn a year on average from 2027-28 onwards.

The transition will not affect clients, and the firm will continue to focus on staff retention and development.

UK staff with permanent contracts and at least three months’ service as of 29th September 2025 are now eligible to buy shares in the company.

Transferring to a partial EOT model has enabled David Spear Commercials to remain independent, locally rooted and people led.

Gary Grant, who founded the company in 1981, will hand over control of the family-owned business, which now operates 160 shops across the country.
Employees at Cheshire-based WISEONE mortgage brokerage have recently bought out the firm’s two co-founders.

The transition sees ownership transferred to an Employee Ownership Trust (EOT), a growing model among values-led firms seeking to retain independence and protect culture.
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