AcquisitionsManchester based agency Ultimate is set to move forward with new leadership...

Manchester based agency Ultimate is set to move forward with new leadership following a management buy-out (MBO)

After a successful partnership for over 5 years, Ultimate’s sister company Salesworx’s Managing Director, Richard Newman, has taken over as CEO as founder Matthew Townsend “steps back” to pursue other business interests. 

The takeover is the result of careful succession planning to enable the company to catapult into what is already a hugely competitive industry, with many excellent and well respected peers. 

Townsend said: “For over two decades we have seen Ultimate go from strength-to-strength thanks to our incredible team and the support of our valued clients, I’m excited for what the future holds for Ultimate.” 

Ultimate, which has recently moved its headquarters to Manchester City Centre, said that Matt shall retain a consultative role, as Newman leads the organisation with the support of Jon Walker remaining as Managing Director, and a newly formed Senior Leadership team.

Newman, who has over 23 years of leadership experience across Sales and Marketing, working with leading global organisations such as Microsoft, P&G and Sony, says: “I’m excited to be leading our talented and passionate team. We have amazing clients that value the brilliant work the team delivers. We have an exciting future ahead of us with a clear strategy to enable us to add even more value to our clients, continue to develop and grow the team, and deliver top-line growth. We can’t wait to showcase the exceptional work the team has delivered. 

Ultimate Creative Communications was founded in 1994 and works with prestigious clients such as PZ Cussons, Chester Zoo, Darwin Escapes and ITS Technology Group. 

Latest

VOXY Media House Chosen by DAZN to Capture Anthony Joshua’s Powerful Return to Boxing

WIGAN, UK, July 23, 2026 – As Anthony Joshua prepares to step back into the ring following one of the most challenging periods of...

Things to Consider When Moving Offices in Manchester

Manchester’s office market has rarely been this competitive. In the first quarter of 2026, occupiers took 286,200 sq ft of space across the city,...

New Chapter for Kirkham Grammar as International Schools Group Commits to Long-Term Investment

Kirkham Grammar School is entering an exciting new chapter following the acquisition of the school by a leading international education group. The acquisition represents...

An estimated 1.4 million children missed out on free holiday clubs last year despite being entitled to them

SALFORD, UK. July 22nd, 2026 - As millions of children across England prepare to break up for the summer holidays this week, new research reveals...
Subscribe to our newsletter
Business Manchester will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Don't miss

flowio Recognised as an OpenAI Select Partner for Enterprise AI Delivery

GLASGOW, UK, July 22, 2026. flowio has reached a new milestone after being recognised as an OpenAI Select Partner. The UK-based AI automation agency...

How is AI transforming digital business development?

Artificial intelligence has moved well beyond the experimental stage, as it now serves as a practical and widely adopted tool that drives real results...

VOXY Media House Chosen by DAZN to Capture Anthony Joshua’s Powerful Return to Boxing

WIGAN, UK, July 23, 2026 – As Anthony Joshua prepares to step back into the ring following one of the most challenging periods of...

The role of sustainable energy infrastructure in Manchester’s business growth

UK electricity prices for non-domestic users averaged 24.9p/kWh in the first quarter of 2024, which was up 60% compared to 2019. As competition grows...

More News

Inc & Co on The Strategic Benefits of Company Acquisitions

Company acquisitions can be a smart strategy for growth, enabling fast expansion and an enhanced market presence. Manchester-based private equity firm Inc & Co...

Inc & Co Diversifies Retail Portfolio with Acquisition of Sustainable Luxury Lingerie Brand Studio Pia

Inc & Co, a prominent global investment firm, has recently made a significant move in the retail sector by acquiring Studio Pia, a trailblazer...

FBW Engineering completes six-figure acquisition

Wigan-based FBW Engineering Services Limited has acquired ARL Consulting in a six-figure deal completed today. FBW aims to leverage ARL's specialist expertise in the food...