Manchester based live events and creative communications agency Clear, has announced the completion of a strategic management buy-out (MBO) by its senior leadership team.
Under the terms of the MBO, MD Caroline Moran, production director, Mark Philbin and creative director, Phil Chamberlain have acquired the company from its previous owners, signalling their commitment to the agency’s vision and values.
This transition ensures the continuation of Clear’s legacy of creativity and client-focussed service and marks a significant milestone in the company’s journey, positioning it for future growth and enhanced service offerings.
“This is an incredibly exciting moment for Clear, our team and our clients,” said Moran. “As a leadership team we are deeply invested in the success of this business. We look forward to driving innovation, delivering exceptional experiences for our clients, and creating new opportunities for growth and collaboration. 2024 has seen us grow our service offering, client accounts and the team and we have big plans for 2025 and beyond.”
Founded in 1985, by Barry Hardman, Clear has earned a reputation for delivering unforgettable experiences and the company’s ability to adapt to changing industry trends and its unwavering focus on quality have cemented its position as a trusted partner for clients across the whole of the UK.
The buy-out will see Clear leverage the leadership team’s expertise, ensuring the company remains agile and responsive to clients’ needs. Plans are in place to invest in technology and staff development to help deliver the growth plans for the business moving forward.
“We are immensely proud of what Clear has achieved so far, added Philbin. “With the buy-out we’re taking the reins of a business we are deeply passionate about and setting the stage for a bright and dynamic future.”
Creative director Chamberlain said: “As Clear approaches its 40th year in business, it feels like the perfect moment to unveil this change and embrace the next chapter in the Clear story.”
