We are delighted to have advised Masento Limited on their sale to an Employee Ownership Trust
The Masento Group provides long-term IT recruitment solutions, focussed on temporary staffing for the SAP market. The Group operates across the UK and Europe, with offices in England and Germany, enabling placements for clients across the continent.
Grant Thornton were initially appointed in 2023, working closely with the Founders and Management team to assess business performance, track value drivers and advise on the timing of a potential event. Our team attended board meetings, helping to refine business strategy, inform on KPIs and advise on future options.
Following close discussions and advice, the collective decision was made to pursue the sale of Masento to an Employee Ownership Trust (EOT). This would provide the Founders and wider Shareholders an opportunity to realise value created to date, whilst also giving the employee base the upside of participating in the future growth of the business.
We expertly combined our M&A, Tax and Valuations services, delivering a joined-up solution across all aspects of the EOT transaction, resulting in a seamless process for the all stakeholders involved.