Chesterfield IT company transitions to employee ownership

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Chesterfield software company  RA Information Systems is to become an employee-owned business through an Employee Ownership Trust.

A company spokesman said: “The move reflects our commitment to sustaining the company’s independence and recognising the invaluable contributions of our employees. This decision not only secures the future of our business but also honours the legacy of our founders by preserving the unique culture that has defined RA Information Systems for over three decades.

“An EOT is particularly well-suited to RA Information Systems’ business model, where people are at the heart of its success. By placing ownership in the hands of those who contribute most, The company is aligning its structure with its long-term vision and values. This transition allows the firm to continue providing the high level of service which clients have come to expect while giving something back to dedicated colleagues.”

The Trustee of the RA Information Systems EOT Limited now owns 100% of the company shares. The initial Trustee Directors include Rob Dabbs, Helen Hadfield, and Rachel Judge, who will oversee the trust and ensure that it continues to serve the best interests of the employees and the business.

There will be no immediate changes to the day-to-day management

 link source - East Midlands Business Link General https://www.eastmidlandsbusinesslink.co.uk/mag/wp-content/uploads/2024/08/RA-Information-Systems-land.png

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