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

Business Coaching Firm Urges Stronger Support for North West Entrepreneurs

Big Business Entrepreneurs (BBE) has called for enhanced support measures to help business owners across the North West accelerate their growth and competitiveness. As one...

Eight Engines Shortlisted for Top Production Company Award Following Strategic Shift

Manchester creative agency Eight Engines has been named among the finalists for Production Company of the Year at the Prolific North Champions Awards, highlighting...

VOXY Media House and DAZN Connect Two Continents for Chisora vs Wilder Build-Up

In the lead-up to the heavyweight showdown between Derek Chisora and Deontay Wilder, DAZN has teamed up with VOXY Media House to produce a...

At-Home Fertility Testing from Sapyen Offers Couples a Faster Route into Treatment Pathways

Across the UK, fertility testing is moving towards a more efficient model. Rather than attending multiple appointments and waiting for results, couples now have...
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

VOXY Media House and DAZN Connect Two Continents for Chisora vs Wilder Build-Up

In the lead-up to the heavyweight showdown between Derek Chisora and Deontay Wilder, DAZN has teamed up with VOXY Media House to produce a...

Ways to reduce your car insurance costs

Car insurance is a legal requirement in the UK, so it must be included in your essential expenditure. When it’s time to renew your car...

New Carplus and Marshmallow Partnership Targets Fairer Finance for UK Newcomers

Carplus has expanded its lender panel by welcoming Marshmallow, creating new opportunities for individuals who have recently moved to the UK to secure car...

Leeds as a northern business hub: The impact of flexible workspaces

Leeds has firmly established itself as one of the UK’s leading regional business centres, attracting companies from across sectors including finance, technology, legal services...

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...