2 Mins
The corporate finance and corporate tax teams at Henderson Loggie are delighted to have supported Dot Surveying’s owner, Tom Gallivan through the transition of the company to employee ownership.
Dot Surveying is a multi-disciplinary property surveying company specializing in the Telecoms sector, and working across land acquisition and development, renewables, dispute resolution and town and country planning. The 21 employees comprise chartered surveyors, property managers, town & country planners and support staff. There are also a number of freelance consultants who support the company’s operations. The consultancy was founded in 2020 by Tom Gallivan who was the sole shareholder until the EOT was implemented. Tom has sold a majority of his stake to the EOT, retaining a minority shareholding to demonstrate his continuing commitment to the business.
Tom says, “The business has performed so extremely well over the years, surpassing my expectations on what could be achieved in a relatively short time. This success can be attributed to the fantastic employees we have in place, and it felt right that they should own the future of the company. I also have to thank our loyal clients who have supported us over the years. I believe that employee ownership will reinforce our partnership approach to doing business and allow us to continue to provide the expert service our customers are used to. The advice that Henderson Loggie provided during the transition was invaluable from a process, structuring, accounting and funding perspective.”
Rod Mathers, Corporate Finance Partner at Henderson Loggie says, “The EOT was a very good fit for Dot Surveying as a business and for Tom Gallivan as the business owner. We were delighted to have led them through the EOT transition.”
Dawn MacDougall, Tax Partner at Henderson Loggie says, “EOT transactions can be complex, and care must be taken to ensure that they are structured properly to avoid any issues. We are delighted to have worked with Tom and Dot Surveying on this exciting project.”
Specialist lender ThinCats worked with Dot Surveying on their funding requirements. Ben Kimball, Director of Business Development, ThinCats says, “It’s always a pleasure working on collaborative deals such as EOTs. All stakeholders share the same aim; to enable the business to continue to flourish in the long term. We wish Dot Surveying well in this new chapter in their story.”
Get in touch
Rod Mathers
