COPE TECHNOLOGY
EOT unlocks growth for electronics assembly experts
Employee Ownership Trust unlocks the next generation and further growth for electronics assembly experts
Alinea has advised the founders of Cope Technology (“Cope”), a leader in electronic assembly on their sale of the business into employee ownership, incentivising the next generation of managers and staff to unlock further growth opportunities.
“You are delightful communicators, professional advisors and have been thoughtful throughout to ensure that everyone has understood the process. Thank you to the Alinea team for getting this over the line in such a timely manner, it’s been an incredible journey”. John Cope & Aidan Bettison, Founding Shareholders.
Based in the West Midlands, Cope specialises in a range of bespoke products from simple micro-controller boards through to complex control systems. The business offers expertise in the manufacture of both low and medium volume electronic assemblies, with over 30 years of outstanding service and track record.
Commenting on the transaction, John Cope said: “We are very proud of what each member of the Cope team has achieved in recent years, we are therefore delighted to be able to offer the next generation of the business this opportunity to support the next phase of growth for Cope, it’s employees and its customers.
The successful transaction was advised by Simon Lloydbottom & James Shand from Alinea Corporate Finance and Richard Ferguson & George Hinchmore from Higgs LLP.