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 company is a B2B supplier specialising in personalised giftware made to order. As part of the business’s services, all manufacturing is completed in-house, enabling full control over product quality and production processes.
This construction and renovation business, easily repositionable, specialises in servicing schools and educational institutions, boasting a robust client base across South Wales school frameworks.
This leading on-site automotive refurbishment company boasts a longstanding reputation for quality and expertise, servicing over 200 clients with a remarkable 95% repeat business rate.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.