Investment research consultancy ARC has completed a restructuring that means parent company ARC Group is now majority owned by its employees.

ARC provides a variety of services to advisers, trustees and wealth managers including investment and portfolio research and analysis and due diligence. It has 60 consultants.

The Guernsey-based firm with offices in Jersey, Toronto and London, says the largest ordinary shareholder in the business is now an employee benefit trust following the MBO.

Arthur Labatt, the Canadian businessman who invested in ARC in 2014, remains a minority ordinary shareholder.

Graham Harrison, ARC Group managing director, said: “It is a fantastic result to be able to reorganise ARC to achieve broad equity ownership by senior management.

“The involvement of Arthur Labatt a few years ago has allowed ARC to expand its operations internationally and to invest in ongoing software development.”

Mr Labatt said: “With a solid financial base and sustainable revenue growth across multiple jurisdictions, the time is now right for the broad enfranchisement of senior management to provide stability and security for both
ARC employees and ARC clients.”

“ARC believes that independent thinking follows directly from independent ownership. This capital restructuring ensures that ARC can attract and retain the best investment talent and continue to provide its clients with innovative investment insight over the long term.”