EOT Buyout at H&J Group Holdings

H&J Group Holdings (‘H&J’) are the UK’s leading independent provider of collectable coins and stamps, supplying product from a number of the world’s leading mints.

Isca Ventures has advised H&J on two transactions. The first transaction was a group reorganisation, incorporating an acquisition of The Jubilee Mint. H&J now encompasses the two Bournemouth-based trading subsidiaries – Harrington & Byrne and The Jubilee Mint.

The second transaction was the purchase of H&J by an Employee Ownership Trust (‘EOT’) and the management team, resulting in the group now being fully owned by its management and employees. The current Harrington & Byrne and The Jubilee Mint management teams will remain in place and the current board of directors will continue to lead the group.

“We are delighted to announce these transactions – they will provide a positive legacy for our stakeholders and will further cement our long-term commitments to growing our business. We anticipate several benefits with both businesses now being officially part of the same group and with the group being owned by our management and employees,” said Jason Leavesley, Director, H&J.

Isca Ventures acted as the lead corporate finance advisers, with legal support from Spencer West.

“All our stakeholders were delighted with the outcome of the EOT Buyout transaction put forward by Isca Ventures. Their advice was first class and they clearly explained each stage of the transaction to our stakeholders. We look forward to their continued involvement as we embark on our next chapter under employee and management ownership,” added Jason Leavesley.

"All our stakeholders were delighted with the outcome of the EOT Buyout transaction put forward by Isca Ventures. Their advice was first class and they clearly explained each stage of the transaction to our stakeholders. We look forward to their continued involvement as we embark on our next chapter under employee and management ownership."

Jason Leavesley, Director, H&J