Rewrite
Capital Advisors
Rewrite Capital Advisors is a Canadian M&A firm dedicated to converting businesses to employee ownership.
Rewrite Capital Advisors was instrumental in helping pass the single largest personal tax exemption ever created by Canada’s Department of Finance.
This marks a pivotal shift in how business owners can sell the ownership of their companies to their employees. The first $10 million in capital gains realized on the sale of a business to an EOT is exempt from taxation and can result in a potential tax savings of up to $3.6 million.
On January 1, 2024, Canada passed a new law creating Employee Ownership Trusts: a dedicated vehicle allowing Canadian business owners to sell their companies to their employees.
The first $10 million in capital gains realized on the sale of a business to an EOT is exempt from taxation. This is the single largest tax exemption ever created by the Canadian Department of Finance.
As the architect of this new legislation, Rewrite Capital Advisors was crucial in getting this law passed.
The EOT is designed to have the redistributive equity power of the US ESOP, with the flexibility and ease of implementation of the UK EOT. This makes the Canadian EOT the most innovative and exciting employee ownership structure in the world.
Employee ownership
Over the next ten years, 3 out of every 4 small and medium businesses in Canada will change hands.
Is yours one of them?
Do you know that selling to your employees is a viable succession plan?
Through employee ownership, business owners protect their legacy.
By lifting up their employees, owners stay loyal to the people who helped make their business a success.
Owners can realize the full value of their business while employees benefit financially.
Employee Ownership Trusts allow employees to acquire company shares through a leveraged buyout.
Employees don’t need to buy those shares with their own money.
That means all employees can participate, including those with low incomes and low savings.
EO transactions are complex and require knowledgeable deal leaders who understand the sale. Let us be your partners.
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