EPM Solutions, a leading expert in engineering asset management, is pleased to announce a
significant milestone: its transition to an Employee Ownership Trust (EOT).
Founded in 2002, EPM has built a strong reputation in providing expert professional services for an
enviable blue-chip customer base who operate in asset intensive, industrial and hazardous
environments.
The transition to an EOT will not affect day-to-day operations, however the change introduces new
advantages for EPM’s workforce, including a greater voice in the company’s strategic direction and
potential financial rewards tied to the company’s success.
The decision to transition to an EOT was led by EPM founder Gary Kerr. After careful consideration,
Gary has decided to exit the business and step back from his role as Managing Director.
“I’m incredibly proud to hand over the reins to our talented team, securing EPM’s future and I’m
confident the employees will continue to drive forward the company’s growth and success” said
Gary, adding, “As I step down as Managing Director, I’m eager to dedicate more time to other
projects and to leave some space for future opportunities. I’ll always be a keen ambassador for
EPM and I’m excited to see what the future holds for the company.”
EPM Solutions is excited to announce the appointment of long-serving Director Kevin McGinnigle as
Managing Director. This natural transition ensures seamless continuity and positions the company for
future growth.
Kevin expressed his enthusiasm for the future. “I’m excited to lead EPM into this new era of
employee ownership. Becoming an EOT is a fantastic opportunity for the whole team to have a
significant influence on how we move forward as a business. We aim to embrace this change,
whilst continuing to provide the high level of service our customers have come to expect. There’s
no doubt that exciting times lie ahead.”
By moving to employee ownership, EPM joins a growing number of Scottish businesses that see EOTs
as a model for long-term stability and employee engagement.
Colm Kerr of McKee Campbell Morrison provided legal advice for the transaction. He says, “A sale to
an EOT is a great option for entrepreneurial businesses such as EPM Solutions. This allows the
owner to realise their value, whilst offering continuity to both employees and clients. “
Carole Leslie and Alan Watt of Ownership Associates provided comprehensive, specialist advice on
the transition to employee ownership. This included the valuation of the business, structuring the
transaction, obtaining HMRC clearance and project managing the completion process. Ownership
Associates are the leading provider of this advice, with an involvement in over 30 EOT deals in 2024.
