Management consultancy BFY Group has restructured into an Employee Ownership Trust (EOT), transferring ownership from its partners to its 45 employees. The Nottingham-based firm, which focuses on transformation and change within the energy and utilities sectors, aims to reinforce its people-first culture and safeguard sustainable growth under the new structure.
The move follows a broader trend among UK consultancies adopting the EOT model, which enables staff to own the business indirectly via a trust. This setup is often used to enhance staff engagement, succession planning, and tax efficiency, while maintaining business continuity and preserving core values.
BFY Group has experienced increasing industry recognition in recent years, including listings in the Financial Times and Consultancy.uk for top-tier consulting services, as well as being featured in the 2024 Sunday Times Fast Track rankings for growth. The transition to employee ownership positions the firm to deepen its client relationships and maintain operational consistency amid sector change.
