1 June 2022
IVC Becomes Employee Owned
IVC has transitioned to employee ownership in a move that will enable its employees to share more in the future direction and success of the business. This means that 100% of the shares are now owned by an Employee Ownership Trust (EOT). This is a natural progression for a business that has always been focused on its people and recognises their commitment that has contributed to the company’s ongoing success.
Ray Harding, who founded IVC back in 1993, commented:
“I decided several years ago that when the time came to retire, leaving the company in the very capable hands of the employees would be the most satisfying way to bow out. I will be staying on to assist throughout the transition period”.
The company, which has offices in London, Oxfordshire and Somerset, is a recognised market leader in the AV/IT industry delivering groundbreaking audio-visual and information technology solutions across a wide range of markets including corporate, education, central government, hospitality, medical, military and stadiums. The move to employee ownership means that the employee-owners will enjoy an equal share of the firm’s profits and new recruits become eligible after working for the firm for six months. The continuity provided by the long serving team means that the business will continue to run in accordance with the values and principles on which it was first built.