Mon, 05 Feb 2018 | MBO/MBI
A management buyout at Bath-based customer relationship management (CRM) firm, Armadillo CRM is to result in major expansion of the company, according to the new owners.
Three of the business’s executives, Chris Thurling, the executive chairman; CFO Andy Brown and CEO James Ray have completed the management buyout. They now hope to make some major investments in its digital and data capabilities in order to achieve their target of 100 per cent growth over the coming five years.
Thurling says that the MBO at Armadillo, which claims to be one it the early pioneers of CRM, will add “real value” to its client base. The agency was founded back in 1992 and now employs 30 people.
Armadillo offers clients including Disney, the BBC, Arsenal Football Club and McDonald’s online and offline CRM expertise. The MBO allows the firm to fulfil what Ray described as the business’s “tremendous potential."
He added: "As experienced CRM specialists, we’re trusted by some of the world’s most successful brands, helping them exploit, protect and expand the value of their customer relationships.
"We now have the tools and expertise in place to scale up, whilst maintaining our essence as an agile, intuitive agency partner."
The practice has been around for over two decades with virtually zero DB transfer exposure and a focus on financial planning. The Practice represents one of the cleanest Businesses you’re likely to see anywhere on the marketplace at this time. Number...
This well-established manufacturer for sale has been trading for over 185 years and has built up a considerable niche business for agricultural and engineering products for a cross-section of industry sectors. The business to be sold is ideal for acq...
Highly Profitable Wealth Management Firm. Great Staff Base Who Will Remain and Continue to Manage the Clients. Established: 25 to 30 years. Number of staff: 5 to 10. Offers invited.
|
21
|
|
Feb
|
Street food catering firm seeks buyer after entering administration | ADMINISTRATION
Shrewsbury-based catering company MPM Catering has entered a...
|
20
|
|
Feb
|
Heycar acquires HonestJohn.co.uk following administration | BUSINESS SALE
Online used car service Heycar has purchased the independent...
|
19
|
|
Feb
|
On-demand laundry app snapped up after administration | BUSINESS SALE
Laundrapp, an on-demand laundry service which was touted as ...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources