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 and 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, he 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 Mr Kerr.

He added: “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.”

The firm has now appointed of long-serving director Kevin McGinnigle as its new managing director. This natural transition ensures seamless continuity and positions the company for future growth.

Mr McGinnigle expressed his enthusiasm for the future, saying: “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 forwards 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, who provided legal advice for the transaction, said: “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 has now been involved in over 30 EOT deals in 2024.