Ixion is 100% acquired by Shaw Trust

        

                                          acquires .......

                             

 

Shaw Trust and Ixion Holdings announce partnership

(PR Release) 5th June 2017

We are delighted to announce that after positive discussions; Shaw Trust, Anglia Ruskin University and Ixion Boards have agreed for Shaw Trust to acquire Ixion Holdings (Contracts) Ltd from Anglia Ruskin University. Ixion joined the Shaw Trust group on 2nd June 2017.

Ixion will continue to operate as a stand-alone company with its own main board, branding and identity, but now under the new sole ownership of Shaw Trust.

The new partnership will support our diversification plans and growth ambitions, and strengthen both organisations’ positions in the; employment, justice, enterprise, innovation, learning and skills sectors.

We have already worked in partnership with Ixion through our STAR Skills joint venture which will no longer be needed and will be closed. The staff currently within STAR Skills will be transferred back into Shaw Trust.

 

Quote from Roy O’Shaughnessy

"I am delighted that Ixion is to become a key part of Shaw Trust. Ixion brings many complementary services, including apprenticeships & skills, innovation and business start-up support. We are excited to be able to offer our service users a greater range of support to enable them to achieve their full potential."

 

Quote from John Govett (Ixion’s Chief Executive)

“I would firstly like to thank Anglia Ruskin University for all its support over the years, but given Ixion’s recent growth, we are delighted to now be part of Shaw Trust and part of a group that can invest in the next phase of our growth strategy (particularly looking to win major e.g. OLASS & Apprenticeship contracts) and with whom we share the same values of “Transforming people’s lives”.”

 

Ixion will continue to deliver a diverse range of; employment, skills, enterprise, innovation and justice provision; including Education & Skills Funding Agency contracts, Research & Innovation consultancy, DWP ESF New Enterprise Allowance start-up contracts, Big Lottery contracts and their HMPP ESF CFO 3 provision.

The partnership will enable us to support more individuals across the UK to reach their potential, and to live independent and inclusive lives by gaining the skills they need to build successful careers.

 

The Ixion Board & Shaw Trust EMT Board changes as a result:

Ixion’s Chief Executive, John Govett, and Ixion’s Management Board of Directors will remain in post and John will join Shaw Trust’s Executive Management Team (EMT). In line with existing EMT members, John will also sit on Shaw Trust’s EMT and John will join the Shaw Trust main board with the same rights as Shaw Trust paid Executive staff members and also work on various group projects for Roy O'Shaughnessy (The Shaw Trust Group CEO).

The Shaw Trust and Ixion senior management teams will work closely together to ensure both organisations grow together seamlessly. Given the change in ownership, Roy O’Shaughnessy, David Phipps, Mike Hawker and Peter Holmes will join the Ixion Board to replace outgoing Ixion Non Executive Directors.

As of the acquisition on 2nd June 2017, there will inevitably be some changes to the Ixion main Board, given the change of Shareholder. Therefore, Iain Martin (the Anglia Ruskin University Vice Chancellor) and his deputy Roderick Watkins will step down immediately from Ixion's board as Non-Executive Directors and be replaced by Roy O'Shaughnessy (ST Group CEO) and David Phipps (ST Group FD). In addition, Peter Holmes and Mike Hawker (both Shaw Trust Trustee's) will join the Ixion board as Ixion's Finance Committee Chairman & Audit Committee Chairman respectively.

John Govett (Ixion CEO) & Rachael White (Ixion FD) will stay on the board as the two Ixion “Executive” directors.

Adam Sharples, the Ixion Chairman, will stay in the same capacity as Non-Executive Chairman until the end of July 2017 and then step down.

Pablo Lloyd, Peter Baynham and Jon Trigg will also step down from their statutory roles on the Ixion board with immediate effect but will attend the Ixion Boards over the next few months, in an advisory capacity.

The Ixion Management Board of directors; John Govett (CEO), Rachael White (FD), Jacqui Oughton (COO), Gary Kernaghan (BD & Justice Director) and John Danvers (Innovations Director) will remain unchanged.

 

Rebecca Sudworth to become Ixion Chairperson on 1st August 2017:

Rebecca Sudworth is a Shaw Trust Trustee who will also join Ixion as Non-Executive director from the start of June and after a hand over period from Adam Sharples, Rebecca will become Ixion’s new Non-Executive Chairperson from 1st August 2017. Rebecca has been Director of Strategy and Communications at the Peabody Trust since August 2013. Peabody is one of London’s largest and oldest housing associations, providing homes and services to over 80,000 Londoners. Before joining Peabody, Rebecca was a Senior Civil Servant in the Department for Work and Pensions, leading the department’s strategic financial planning across a welfare budget of over £200bn and a resource budget of £8bn.

 

The priorities for the combined organisation will be:

·      To join together the unique selling propositions of Shaw Trust and Ixion.

·      To tender and secure significant wins on the forthcoming Offender Learning and Skills Service (OLASS) contracts.

·      For Ixion to continue operating existing contracts across all its divisions and we aim to significantly increase our presence in the Apprenticeship market.

·      To grow the opportunities that flow from BREXIT using Ixion’s Research & Innovation consultancy team using “Innovate UK”.

·      To ensure top level performance to maximise the benefit for our service users.

This does not affect any of Ixion’s current Partners or Sub-contractors, as all Ixion related contracts remain as before, with Ixion.

 

MESSAGE ENDS

 

For more information contact chief.exec@shaw-trust.org.uk

Ixion: John Govett – John.Govett@Ixionholdings.com

 

Notes to Editors

 

About Shaw Trust

Shaw Trust is a national charity working to create brighter futures for the people and communities we serve.

The charity was formed in 1982 in the village of Shaw in Wiltshire to support local disabled people to find employment. Since then Shaw Trust has grown in reach and now supports over 50,000 people a year to live independent and inclusive lives.

Today we provide employment opportunities, skills development training and health and well-being services across the UK. We operate charitable social enterprises, retail shops and work alongside Shaw Education Trust, which runs a diverse chain of academy schools.

With over 1,100 staff and a network of 1,000 volunteers, Shaw Trust delivers its services on behalf of a range of commissioners including the Department for Work and Pensions, the National Offender Management Service, the department for Business, Innovation and Skills, and local authorities.

As a charity, we also add value to every service we deliver by investing back into community projects such as our social enterprises, national volunteering scheme and establishing Community Hubs in the communities we serve.

Watch the latest Shaw Trust corporate video showcasing who we are and what we do here: http://www.shaw-trust.org.uk/about-us/corporate-video/. For more information, please visit the Shaw Trust website:

http://www.shaw-trust.org.uk

 

About Ixion Holdings:

Ixion are a not-for-profit group of companies, previously owned by Anglia Ruskin University.

The group operates with an entrepreneurial spirit, strong commercial principles and is guided by an equally strong moral compass. They have a vision to:

“Transform people lives through skills, employment, enterprise and innovation, for growth.”

This means Ixion can focus on getting the best possible results for the people, organisations and businesses supported by the group. Any surplus they make is gift-aided to their parent (who is a charity) for the benefit of their customers/clients and the local community.

Ixion support a broad range of government funding sources across the Department for Work and Pensions, Ministry of Justice, Skills Funding Agency, Department for Business, Innovation & Skills, local authorities and Jobcentre Plus.

The group has expertise in employment services (welfare-to-work), justice, skills and training, small and medium-sized enterprise start-ups and large business support in accessing European Union funding. Ixion offers tailored support to its clients – individuals and businesses – to find solutions that work best for them. They can link up different sources of funding for maximum impact.

Ixion is a top performer in the key sectors they work in, thanks to the quality of its leadership, empowerment and accountability of its staff, its quality focus and governance arrangements within the group.

They make investments in curriculum and accredited learning, such as their Virtual Learning Environment with smart-phone functionality -  more information can be found at www.ixioncollege.co.uk.Their growing network of online volunteer mentors, innovative websites such as www.thementorhive.com and its steadfast drive for industry wide innovation make Ixion a truly unique service provider.

For more information on Ixion Group Holdings, please click here: http://www.ixionholdings.com