Deans Computer Services Ltd transfer their shareholding to an Employee Ownership Trust

Deans Computer Services Ltd is one of the longest established independent IT companies in Yorkshire, being formed in 1982. In a significant step to protect the future and guarantee collective success for employees and the company, Deans Computer Services Ltd have recently announced the transfer of their shareholding to an Employee Ownership Trust (EOT).

Considering the future, Peter Rogerson, the founder, Chairman and previous owner, was keen to ensure a strategy and plan was in place to safeguard the future of the company and its valued employees whilst maintaining its independence.

Through transfer to an EOT, Deans Computer Services will continue to operate following the company’s established shared vision and values, delivering the same level of success and quality that customers have come to expect over the last 42 years since the company was formed. The current directors will continue to manage the company’s operations, supported by a board of trustees which includes representation form the employees.

The Managing Director, Patrick Clayton, commented on the transfer and its impact on the company’s future: “The move to employee ownership marks a huge milestone in our company’s journey and reflects our commitment to our employees and the long-term success of our business. By transferring the shareholding, we’ve enabled our team to maintain the high standards our customers expect, while also fostering a commitment to the company’s ongoing success.”

“At the heart of this decision is our dedication to protect our employees and commitment to continuously meeting and exceeding our customers’ expectations. A business structure designed to promote collective responsibility will also benefit our customers. A more collaborative workforce provides a strong focus on delivering quality services, motivating employees to deliver for our customers.  Thank you to our advisors, Baxendale Employee Ownership and accountants, Kirk Newsholme, for supporting us in successfully transitioning.  This is such an exciting landmark in DCS’s journey, and we are confident it will lead the company from strength to strength.”