Searchability (UK) LTD has announced its transition to employee ownership via an Employee Ownership Trust (EOT). The company is now 100% owned by current employees, joining a list of over 1,600 UK businesses that are employee owned, including nationally recognised brands like John Lewis Partnership PLC.
Searchability’s Founder Martin Blythe, along with all existing shareholders have sold 100% of the company shares to Searchability (EOT) LTD, which is the EOT that holds the shares on behalf of current UK Searchability employees. All employees will benefit from share ownership as beneficiaries of the EOT once the sale has completed, with transition commencing on the 7th April 2025.
The decision to transition to employee-ownership was driven by Founder Martin Blythe and fellow Director Olly Preston, with a strong commitment to preserve the company’s values, culture and ambitious vision, whilst rewarding the employees who have helped the company grow and succeed over the last decade.
‘Our people are key to our success at Searchability. By empowering employees with a sense of ownership, more opportunities to innovate and exciting future career prospects, we are ensuring Searchability thrives as a recruitment company of choice for the tech digital industry.’ Martin Blythe, Founder and Trustee Director
Searchability was founded in 2012 with a vision of creating innovative solutions for companies looking to recruit the very best tech talent in the UK. Since then, they have launched global operations in the USA, Australia and UAE, as well as multiple sub-brands including Searchability National Security & Defence, employing 50+ people across five global offices.
With a #1 rating for recruitment services on Trustpilot, as well as multiple award accolades including “UK’s Best Small Company to Work For”, “Technical Innovation Award” and “Best Employer Brand Award”, Searchability hopes that the impact of their new employee-owned status will help compliment their already stellar reputation in the market. Searchability works with hundreds of organisations across the globe, including Capgemini, Iceland, LIV Golf, UK Tote Group and many more.
‘Having worked as a Searchability Director alongside Martin for several years helping Searchability scale into the global recruitment brand it is today, I couldn’t be happier to be assuming the role of MD for our next chapter as an employee-owned business. We’re lucky to have some of the most talented recruiters in our team who have brought on incredible client names over the past decade, and I can’t wait to see what comes next!’ Olly Preston, Managing Director
