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Human Angle Story

Businessman sells his company, shares £3.5 million among employees as parting gift

Desire Emmanuel
Last updated: October 23, 2026 2:04 pm
Desire Emmanuel
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A businessman in the United Kingdom has won praise after making an extraordinary decision following the sale of his company, ensuring the people who helped build the business would share in the rewards, Daily Mirror of UK reported on Friday, October 23.
Pedro Pestana, founder of technology firm, Marosa, decided to give his employees a share of the proceeds after agreeing a lucrative deal with multinational company, Wolters Kluwer.
The business was sold for £97 million, with Pestana choosing to distribute £3.5 million from his own share of the proceeds among the workforce.
A total of 120 employees benefited from the gesture, which recognised their contributions to the company’s success.
 However, rather than limiting the payments to long-serving members of staff, Pestana ensured everyone received something, including those who had only recently joined.
Explaining his decision, he said: “Marosa was built through the hard work of many people. Sharing the proceeds from the sale is a way to acknowledge that contribution and to give back to the team a portion of what they helped create.”
The entrepreneur also paid tribute to the people who supported the business during its earliest days, when the Vigo-based startup was still finding its feet.

Some employees have worked alongside Pestana for nine years, taking on a range of responsibilities as the company developed.

He said these early recruits had “placed their trust in Marosa back when almost everything still remained to be done.”

However, the recognition was not reserved for those who had been there from the beginning. A minimum payment was established for every member of staff, regardless of how long they had worked for the firm.

The announcement came after the acquisition was completed, with employees called forward according to their length of service until the whole team had assembled.

The emotional moment was captured on video, with organisers describing the “reactions of surprise, the applause, and the hugs” that followed the news.

Marosa specialises in technology that helps businesses manage VAT compliance, electronic invoicing and other tax responsibilities across international markets.

The €112 million acquisition, announced in August 2026, will see the company become part of Wolters Kluwer’s Corporate Performance and ESG division. Its headquarters will remain in Vigo, Spain, while all 120 employees, including Pestana, will join the multinational group.

The deal follows a period of rapid expansion for Marosa, which doubled its revenue in less than three years.

Pestana has also explained why he wanted to make his decision public, hoping it might encourage other business owners to consider sharing the rewards of a successful sale with their teams.

“Every company and every transaction is different. I would like someone who is preparing to sell their own company to learn about this experience and consider whether they could do something similar with their own team,” he said.

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