Founded in 2012, Montresor is a boutique legal recruitment agency, specialising in placing partners, associates and in-house counsel on a permanent and interim basis. It also enables law firms to offer flexible legal staffing services to their clients.

The business is now wholly owned by Montresor Employee Trustee Ltd, which holds the shares on behalf of its employees.

Montresor appointed FRP Corporate Finance, led by partner James Cooper and director Matt Field and supported by assistant managers Lydia Kelsall, Cameron Robertson and Lucy Day, to help design and implement the transition to employee ownership.

FRP Corporate Finance advised on the structure, share valuation and financial modelling and provided tax advice to ensure HM Revenue & Customs’ clearance of the deal. It also supported with the creation of a profit-sharing model where 50% of on-budget profits will now be distributed among staff from year one – an innovative structure that means employees will start to benefit from the outset of the new structure, rather than only after shareholders have been fully repaid the value of their shares.

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