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Northstar construction marketing agency builds on its future with MBO
MBO in its 24thyear sets award-winning construction agency Northstar on new foundations.
Leading UK construction marketing agency Northstar is celebrating its 24th anniversary with a MBO led by client services director Emma Russell and creative director Ben Gerrard.
The Manchester-based agency was formed in 2000 by current owners Glyn Lloyd and Andrew Thornley and today boasts an impressive client list, including global brands and a wide range of market-leading clients in the construction and building materials sector - an area where the agency has for many years demonstrated its award-winning credentials.
Both current owners will remain with the business to oversee the transition of the new management team of Emma as newly-appointed managing director and Ben as creative director.
The change of ownership for the B2B specialists follows recent new business successes, with new client wins and staff appointments, but has been planned for some time as part of its evolving strategy.
Newly-appointed managing director Emma added: "While Ben and I have both been with Northstar for a number of years, we're excited to be taking the agency to the next stage in its growth. We're very much looking forward to the future, building our team even further, and working with clients old and new."
In a joint statement, founders Andy and Glyn said: "As our industry has gradually shifted towards new media and fresh ways of thinking, we felt the time was right for the younger members of the management team to take the reins and steer the agency through its next phase of growth and development. Selling the business to them makes perfect sense not just from a succession point of view, but also in making the transition seamless both for staff and clients."
ENDS
Pictured from left: Ben Gerrard, Glyn Lloyd, Emma Russell and Andrew Thornley.