April 2022
LHi Group Limited
Adviser to LHi Group Limited on their sale to an Employee Ownership Trust
£undisclosed
Grant Thornton team
Recruitment
Sell side
Corporate finance
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We are delighted to have advised LHi Group Limited on their sale to an Employee Ownership Trust.

Founded in 2002, LHi is a leading provider of highly skilled candidates to the fast growth transformative and innovative sectors of Life Sciences, Renewables and IT, operating with seven offices across the UK, USA and Germany. LHi’s sector focus and end markets helped the business deliver significant growth in 2021 and 2022.

The shareholders appointed us to explore exit options that would allow existing shareholders to de-risk and also benefit from the future growth of the business, whilst ensuring the brand and ethos of LHi was retained.

We presented a range of options and the shareholders agreed an Employee Ownership Trust (EOT) aligned with their core values and delivered the best outcome for the shareholders and employees of the business.

We provided a full suite of sell-side services to deliver a seamless EOT transaction. The team included specialists from corporate finance, debt advisory, tax, valuations and modelling.

We were able to facilitate the entire process end to end resulting in a great outcome for the shareholders and employees of LHi. Our sector knowledge and relationships with debt providers ensured a solution was found that achieved the desired result for the shareholders and appropriately positioned the business for its future success.

Testimonial
The ability to provide a range of solutions to resolve the complexities of this transaction across our geographic locations was an absolute credit to Grant Thornton. They listened to our objectives and delivered an end result that has not only created value for our shareholders, but has created a stable financial future for all our employees. Grant Thornton’s communication and cohesiveness across their various departments was seamless and their ability to proactively challenge us was of huge benefit. I would highly recommend Monique, Bilal, Craig and their wider Grant Thornton teams.
Ed Parkes CFO, LHi Group Limited