Employees buy JobPath operator Seetec

Seetec has annual revenues of £150 million in Britain, while its Irish arm had revenues of €26.5 million in 2018

Barry J Whyte

Chief Feature Writer @whytebarry
12th January, 2020
Employees buy JobPath operator Seetec
Seetec founder, Peter Cooper sold 51 per cent of his 80 per cent holding in the company

Seetec, a British company that has been paid €100 million to help run the state’s controversial job activation scheme, JobPath, for the long-term unemployed, has been bought by its own employees.

The company announced last week that its founder, Peter Cooper, had sold 51 per cent of his 80 per cent holding in the company to an Employee Ownership Trust for the benefit of the company’s 2,535 employees. An existing employee benefit trust...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Interview with Pat Lucey of Aspira: ‘People who are curious about a job will learn a whole lot more than those who just want to get the job done’

A fairer and more resilient pension system benefits us all

Female-founded companies receive 10 per cent of funding