Employee ownership

Normally, the founder of a business gets to 50 or 60 years old and begins to think what next? Often that business is then sold to a consolidator, a nameless corporation or a venture capitalist, with no thought of the impact on the important people in the business: the employees and the clients.

We wanted to prove that business can be a force for good and that people can manage themselves.

Our founder Chris Budd wanted to prove that doing the right thing is more important than the most profitable thing. So, in March 2018, the majority of Ovation’s shares were sold to an Employee Ownership Trust for the benefit of the employees.

That means:

  • Ovation is here to stay, which means you won’t find another name above the door.
  • Our team benefits from the success of the business; we have a vested interest in keeping our clients happy.
  • We have a strong social conscience and value doing what’s right over what’s profitable.
  • We can recruit and retain the best people.
  • Everyone has a say in the direction the business takes, which means we are always striving to develop and improve our service.

If you’d like to learn more, we’ve put together this video:

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