HOLLINGSWORTH
Hollingsworth unlocks engagement, growth and innovation through EOT ownership
Hollingsworth unlocks engagement, growth and innovation through EOT ownership
Alinea has advised the shareholders of Hollingsworth Group (“Hollingsworth”), a leading civil engineering group on their transition into employee ownership, a move which empowers the company's dedicated workforce and sets the stage for continued growth and innovation.
"The Alinea team demonstrated exceptional communication skills and provided professional guidance throughout the process. Their attentiveness ensured everyone understood the complexities involved, and their efficiency brought this incredible journey to a successful conclusion." Shaun and Paul Hollingsworth, founding shareholders.
Founded in 1988 by brothers Shaun and Paul Hollingsworth, The Hollingsworth Group stands at the forefront of the construction, civil engineering, and development sectors. Specialising in tailored civil engineering solutions, the company boasts a long track record in health and safety, impressive contract performance, and timely project completion. These achievements have earned the group a leading reputation within the industry, evidenced by a list of prestigious, blue-chip clients.
Commenting on the transaction, Shaun and Paul Hollingsworth said “We firmly believe our employees are the driving force behind Hollingsworth's success. Transitioning to an EOT allows us to share ownership with the team, fostering a strong sense of engagement and commitment to the company's future”.
The successful transaction was advised by Oliver Wadlow & James Shand from Alinea Corporate Finance and Jamie Hawley from Aaron & Partners.