fds has advised the shareholders of Insignia Crisis and Reputation Management Limited on their successful transition to an Employee Ownership Trust (EOT).
Founded in 2008, Insignia is a West Midlands-based consultancy specialising in crisis management planning, training and exercising. It works with leaders of businesses around the world to help them do and say the right things on the most challenging days of their business lives. Operating in a highly specialised field, Insignia has earned industry recognition through multiple awards and a prestigious client base including Lidl, Royal London, Network Rail and Virgin Atlantic.
The decision to transition to employee ownership was driven by a desire to preserve Insignia’s distinctive culture and values, while recognising the loyalty and contribution of its team. This succession route ensures continuity and empowers employees to shape the company’s future.
Jonathan Hemus, Managing Director and former shareholder, comments: “There are a number of reasons why we took the decision to become an EOT. It ensures that the culture, purpose and values that define us will remain at Insignia’s heart, it enables clients to continue to benefit from the ‘Insignia way’ and means that the people who have helped shape the firm — our exceptional team — will continue to drive its success for years to come.
“We appreciated the way in which fds guided us through the EOT process based on their deep knowledge of this area. They were responsive, professional and supportive throughout, taking away our fears of the unknown and delivering a very good outcome for the business, its former shareholders and, most importantly, its team”
Poonam Kaur, CEO of fds, advised the shareholders on transitioning to an employee-owned business. Poonam comments: “We are proud to have supported Insignia through this exciting transition. As a fellow employee-owned business, fds brings unique insight and empathy to EOT transactions. We’re confident that this move will not only reward Insignia’s team but also strengthen its position as a leader in crisis management.
By placing ownership in the hands of those who live and breathe the business, Insignia is securing its long-term future — empowering the team to continue delivering exceptional services for many years to come.”
fds is dedicated to supporting owner-managed and employee-owned businesses throughout their lifecycle, from early-stage planning to successful exit strategies. With extensive experience in EOT transactions and a deep understanding of succession planning, fds continues to empower business owners while supporting them on their business journey.