Our objective within Baxi Partnership is to build strong companies in employee ownership with partnership cultures. We do this by supporting companies through employee buyouts.

THE PROCESS

• The shareholders agree they would rather sell the business to their employees than anyone else
• The shareholders sell their shares to a trust for the employees
• Baxi Partnership Ltd provides the cash for the trust as a loan, which the company pays back over time
• In every profitable year, free shares may be distributed to all employees
• There is an option for employees to increase their shareholding by buying partnership shares
• All employees have a right to information and involvement, and the responsibility to improve the performance of the business.