Thompson Brand Partners acquired in management buyout
The senior management team of Thompson Brand Partners have bought the Leeds design agency from founder Ian Thompson and Managing Director Nick Ramshaw.
The new management team is made up of Chris Skelton, Paul McGuigan and Rachel Cook. Ramshaw will continue to work with the agency as MD, helping support the new team through the transition.
Thompson, who is reducing his commitment in order to spend more time on filmmaking and other interests, will continue as a consultant in the short term.
He said: “I’m delighted to be able to give the team the opportunity to take on the company. They are undoubtedly the right people for the job and this is the natural time for me to step aside and let the new team develop what has been built over 35 years.
“I’m ready to see what I’m capable of creatively as a film maker and I’m also ready to work with other creative teams to see if my experience can help them too.
“It’s a truly fulfilling moment when you can watch your company turn into something new, in fresh hands. This wonderful team have my warmest wishes and full support.”
Skelton added: “There’s already so much to be excited about in this business: Ian has helped us build a fantastic reputation and portfolio of work; there’s a studio full of exceptional talent and we’re lucky to have some amazing clients and projects. But we can also see opportunity to grow and make things even better.”
Turnover at Thompson Brand Partners last year was £1.5m, up from £1.4m.