31-year-old Edinburgh architectural practice transitions to employee ownership

Owners Graham Acheson, Eugene Mullan and Rick McCluggage have transferred their shares in the Edinburgh-based firm to an employee ownership trust (EOT).

The move is set to create opportunities for the wider team to “develop, progress and shape the future of the business”, as well as reward employees for their “loyal service”.

There will be no change to the way the practice operates with clients. The same leadership team, project teams and client relationships remain in place, and the business will continue to operate under the Smith Scott Mullan name from its existing base at Rutland Square in the capital.

Announcing the decision, the directors said: “We are all incredibly proud of the culture and reputation we have built over the last 30 years, and this transition is about protecting that for the future.

“Employee ownership is the right step for us. It allows us to remain independent, maintain the values that define how we work, and provide long-term stability for our clients and our team. It also creates new opportunities for our people, recognising their contribution and giving them a meaningful role in the future of the business.

“The move provides a clear succession pathway for the practice, supporting a smooth transition over time while retaining knowledge and experience, and ensuring the business continues to grow and evolve in the years ahead.”

The practice - established in 1995 - delivers projects across a range of sectors, including residential, civic, conservation and master-planning.