Real estate and construction consultancy TFT has restructured to become an employee-owned trust after 19 years as a partnership.
The change to EOT status marks the company’s 50th anniversary and will fuel two commitments for the future; to share ownership and benefit for the whole TFT team, and to deliver on the firm’s core values without external conflict or compromise.
All partners will remain at TFT as senior directors, and TFT leadership roles will be unchanged with Alistair Allison remaining as chief executive, Alan Pemberton as chair, Dan Henn as chief growth officer, Seth Love-Jones as chief operations officer and Mat Lown as chief knowledge & ESG officer.
TFT is known for its integrated decarbonisation services and was certified B Corp in December 2022. The firm helps building owners, investors and occupiers to maximise the commercial performance and sustainability of their buildings with a focus on reducing the risks of embodied and operational carbon.
TFT chief executive Alistair Allison said: “The employee ownership trust is a real milestone for us, allowing the team to share equally in TFT’s success and future growth. It also means our long-term commitments – to our team’s security, our clients’ quality of work, and our wider ambition to create a better built environment – are protected from possible external conflict.
“TFT has enjoyed a long life of independence, which has become one of our defining assets. Our previous partnership structure was crucial to preserve that independence. The partnership has also made for a smooth transition to the EOT, which brings additional reassurance for our team and our clients that we will be independent for a long time to come.
“We continue to invest in long-term progress, resilience and sustainability. In recent years, that has meant innovating our services and broadening our expertise to accelerate decarbonisation. While the challenges of the coming decades are less clear, our team’s ideas, skills and passion will be essential to meet them, and the EOT structure can empower more ideas and perspectives on our future.”
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