Common Trust

Common Trust

Financial Services

San Francisco, CA 2,782 followers

Common Trust is a financing platform enabling businesses to exit to their employees and community through purpose trusts

About us

Common Trust is a financing platform that equips small business owners to exit to their employees and community. Using purpose trusts, our methodology is based on the idea that owners should be able to transition their business profitably while protecting their legacy, purpose and people through a sale, ensuring both high performance and community impact for generations to come.

Website
www.common-trust.com
Industry
Financial Services
Company size
2-10 employees
Headquarters
San Francisco, CA
Type
Privately Held

Locations

Employees at Common Trust

Updates

  • View organization page for Common Trust, graphic

    2,782 followers

    📢 Next month we’re sitting down with the Founder and the CEO of Codeweavers, Jeremy and James, to discuss succession for Professional Services. Learn from our panel of employee-owned business leaders as they share their journeys and discuss the transformative impact of business succession. If you’re a business owner or advise owners who are thinking about succession and exit, you don’t want to miss this. #EmployeeOwnership #BusinessSuccession #Webinar #CommonTrust #Codeweavers #SoftwareIndustry #EOT #ProfessionalServices

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  • View organization page for Common Trust, graphic

    2,782 followers

    Join us next month as we sit down to with Kevin Clegg and Daron Jones of Clegg Auto to discuss how they doubled their profits and achieved record-high customer satisfaction, in their first year of employee ownership! If you’re thinking about employee ownership as a succession strategy, or just want to learn more about your options, this event is for you.   The event is free, but spots are limited—so make sure to RSVP today!

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  • View organization page for Common Trust, graphic

    2,782 followers

    For over 27 years CodeWeavers - a premier open source software agency- has operated for the benefit of their customers, community, and staff.   When it came time to think about retiring, Founder Jeremy had a big question: How to transition out while ensuring their employees and culture thrive long after an exit?   Last year we helped answer that question by selling Codeweavers to it’s employees.   By exiting to his employees- Jeremy made sure the foundation he built over 27 years was set in stone with seamless transition of leadership while taking care of his employees.   Next week we’ll be sitting down with Jeremy, and his CEO successor James to discuss their Employee Ownership journey.   For any owner thinking about exit or transition, it’s going to be extremely insightful! RSVPs are limited so register today!

    View organization page for Common Trust, graphic

    2,782 followers

    📢 Next month we’re sitting down with the Founder and the CEO of Codeweavers, Jeremy and James, to discuss succession for Professional Services. Learn from our panel of employee-owned business leaders as they share their journeys and discuss the transformative impact of business succession. If you’re a business owner or advise owners who are thinking about succession and exit, you don’t want to miss this. #EmployeeOwnership #BusinessSuccession #Webinar #CommonTrust #Codeweavers #SoftwareIndustry #EOT #ProfessionalServices

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  • View organization page for Common Trust, graphic

    2,782 followers

    After 20+ years of business, Employee Ownership allowed Jeremey to retire and sit on the beach knowing that his legacy is taken care of. If you’re a business owner, you know what an outstanding accomplishment that is. So, how did they do it? Join us Sept 17th to find out! We'll be joined by Jeremy, and James to discuss their reasons for going employee-owned, and how they approached succession and made it a reality for Codeweavers.

    View organization page for Common Trust, graphic

    2,782 followers

    📢 Next month we’re sitting down with the Founder and the CEO of Codeweavers, Jeremy and James, to discuss succession for Professional Services. Learn from our panel of employee-owned business leaders as they share their journeys and discuss the transformative impact of business succession. If you’re a business owner or advise owners who are thinking about succession and exit, you don’t want to miss this. #EmployeeOwnership #BusinessSuccession #Webinar #CommonTrust #Codeweavers #SoftwareIndustry #EOT #ProfessionalServices

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  • Common Trust reposted this

    View profile for Derek Razo, graphic

    Co-Founder & Managing Partner at Common Trust

    How exactly does a 20+ year business owner transitions to employee-owned and why? Last year Codeweavers did just that. In a few weeks I'll be sitting down with founder Jeremy and CEO James to discuss their reasons for going employee-owned, how they approached succession, and made it a reality for Codeweavers. Join me Sept. 17th as we discuss how EOT allowed them to preserve their culture, retain key talent, and ensure long-term stability.

    View organization page for Common Trust, graphic

    2,782 followers

    📢 Next month we’re sitting down with the Founder and the CEO of Codeweavers, Jeremy and James, to discuss succession for Professional Services. Learn from our panel of employee-owned business leaders as they share their journeys and discuss the transformative impact of business succession. If you’re a business owner or advise owners who are thinking about succession and exit, you don’t want to miss this. #EmployeeOwnership #BusinessSuccession #Webinar #CommonTrust #Codeweavers #SoftwareIndustry #EOT #ProfessionalServices

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  • View organization page for Common Trust, graphic

    2,782 followers

    Next month we’ll be hosting a chat with Jeremy (Founder), and James (CEO) to discuss their reasons for going employee-owned, how they approached succession, and made it a reality for Codeweavers.   We’ll also take a deep look at how they navigated their own leadership changes, from CEO to Chairman, President to CEO, and more.    Beyond that, we’ll talk about how an Employee Ownership Trust (EOT) allowed them to preserve their culture, retain key talent, and ensure long-term stability. 

    View organization page for Common Trust, graphic

    2,782 followers

    📢 Next month we’re sitting down with the Founder and the CEO of Codeweavers, Jeremy and James, to discuss succession for Professional Services. Learn from our panel of employee-owned business leaders as they share their journeys and discuss the transformative impact of business succession. If you’re a business owner or advise owners who are thinking about succession and exit, you don’t want to miss this. #EmployeeOwnership #BusinessSuccession #Webinar #CommonTrust #Codeweavers #SoftwareIndustry #EOT #ProfessionalServices

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  • View organization page for Common Trust, graphic

    2,782 followers

    We are thrilled to share that Sandra Raafat, Senior Associate at Common Trust and a world-renowned expert on employee ownership and public policy, recently spoke at the Impact and Sustainable Finance Faculty Conference in Singapore. Sandra’s insights on innovative and flexible trusts and ownership structures captivated the audience and highlighted her expertise in the field. More details and highlights from the talk soon to come. Beyond her speaking engagements, Sandra plays a pivotal role in leading operations and delivery at Common Trust. Her dedication and innovative approach are key reasons for how we develop novel and flexible ownership structures, and why our client satisfaction score consistently remains above 98%. #EmployeeOwnership #SustainableFinance #PublicPolicy #Leadership

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  • Common Trust reposted this

    View profile for Chelsea Robinson, graphic

    Leading and Guiding High Impact Orgs

    It's clear that if we bring together small to medium sized asset holdings into financially and legally connected networks we can compete with/protect against runaway corporatism and monopoly. After a year of work on the subject, I'm pleased to see the incredibly positive response to Assets in Common: www.assetsincommon.org. What an immense privilege to add to the field of alternative economics with book that tells the story of people making it happen. This book isn't just an anthology though, it's a blueprint for infrastructure that safeguards against extraction. 📚 'This extensively researched book reveals a powerful strategy for transforming the U.S. economy through increasing connectivity between assets in shared ownership and steward-ownership. "Assets in Common" is filled with in-depth case studies and practical approaches, such as: innovative shared balance sheet structures, steward-owned holding companies, and shared services cooperatives.' 🪢 Throughout my career I've served as a builder and pragmatic strategist for visions which improve our world. As a serial entrepreneur in spaces of political economy and governance, I was excited when Derek and Zoe of Common Trust invited me to lead a research program last May. I have been in awe of their persistent effort to carve out real paths to a more just economy. This project wove together multiple long-term collaborations. Evan has been a creative thought partner over the years, with long conversations around "what's the next chicago school?", and his work with Justin led to generous financial backing of this project. So too with the team at Purpose Economy and Purpose US: I was involved in the founding days of Purpose in 2016 but it took til this effort to draw those threads all back together. 🎢 Designing the research in this book started a year ago in the territory of 'how might we expand the resilience and competitiveness of small to medium assets in a monopoly captured economy'. By August 23 we hired a team and dug deep into dozens and dozens of case studies of where this is already working. In January 24 I realized we had more material than any report could do justice. So I pitched a book and did more editing than I've ever done before, and produced a podcast to top it off 🧁 . A month ago we released the book. It's heavy too! ✨ Many hands made this possible. It takes a skilled and trusting team to inquire into the details of how other peoples' companies and communities operate without making anyone feel like a lab rat. The outcome is never just what's on paper, it's making sure people feel intact in relationship with the research. "I will say, the chapter on us, our founders said it’s probably one of the best captures of our organization that we’ve seen!" - Aaron from The Industrial Commons said at the book launch event. As we say in Aotearoa, "Ngā mihi nui" to Charity and Jay for rallying so many times over, and for crafting real quality outputs which respect the builders.

    Assets in Common | scaling alternative economics

    Assets in Common | scaling alternative economics

    assetsincommon.org

  • View organization page for Common Trust, graphic

    2,782 followers

    🚨 Last Chance to Join Us Today! 🚨 Learn about Employee Ownership Trusts (EOTs) directly from three business leaders who have successfully transitioned their companies to this model. Webinar: Owners Session - Employee Ownership as a Succession Strategy Date/Time: Today, June 25th, 1:00 PM - 2:00 PM ET Location: Virtual Webinar via Zoom Hear from: Rick Plympton, CEO of Optimax Systems, Inc. Jeanne Taylor, CEO of ShopBot Tools, Inc Joe Nussbaum, President of ACP International This is one of the few opportunities to hear firsthand what it's like to become an employee-owned trust, a model that’s complementary to ESOPs and accessible to smaller companies with typically less than 100 employees. 📅 Agenda Highlights: Motivations and decision-making processes Long term impact of the business Navigating the transition and overcoming challenges Practical advice for business owners considering EOTs 📌 Register Now: https://lnkd.in/ekXeVeUc #EmployeeOwnership #Manufacturing #BusinessGrowth #EOT #EmployeeOwned #SMB

    Owners Session: Employee Ownership for Manufacturing Businesses

    Owners Session: Employee Ownership for Manufacturing Businesses

    tixtree.com

  • Common Trust reposted this

    Jacob Hoehne - thanks my friend for capturing and sharing highlights of our transition to an Employee Owned Trust (EOT)! It's been an incredible journey already and we're just getting started... Big thanks to Common Trust for being a guide and support to us and any other company looking to transition to an EOT. We continue to see amazing outcomes post transition and wholeheartedly believe businesess that put their people and customers first will help change capitalism into something that's sustainable. If you're interested in learning more let's connect. Looking for more thought leaders in this space and people who want to help create an ownership movement that will change the way business is done. More ownership for more people is a game changer for all involved!

    View profile for Jacob Hoehne, graphic

    I help leaders scale their impact through storytelling.

    2x profits. Double customer satisfaction. Highest employee satisfaction scores ever. All since Kevin Clegg transitioned Clegg Auto to an Employee Ownership Trust. He sees it as a new form of capitalism - one that justly rewards all stakeholders. It was a significant upfront gamble compared to a traditional sale, but his bet is paying off. Now post-payout, he and all employees enjoy a growing profit share based on percentage of payroll. This at a time when, based on Gallup polls, over 70% of employees nationally are not satisfied in their jobs. Common Trust helped them through the process of selecting and implementing a Perpetual Purpose Trust. It’s a structure less common in the US, but with a longer track record in Europe. It’s not an ESOP and is actually better positioned to serve employees and customers for the long-term, not just the short-term tax advantages for the sellers. Kevin walks through their journey and what he’s learned along the way. 

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Funding

Common Trust 1 total round

Last Round

Seed

US$ 2.6M

See more info on crunchbase