RT Marketing completes management buyout and targets 14 per cent growth in 2013

Listen to this article

RTMarketingBrand experience agency RT Marketing has completed a management buyout from majority shareholders Premier Team Holdings. The business has been acquired by the directors of RT Marketing, who have signalled a commitment to developing and expanding the company in the events, sponsorship and hospitality sectors. The MBO was achieved without external financial support, leaving the company debt free and with a strong balance sheet.

David Spicer, managing director, RT Marketing, said: “We are delighted to have completed the MBO which is another positive step for the business as we focus on consolidating our position as a leading agency, creating compelling guest experiences and delivering maximum brand impact for our clients. We look forward to building on the success of 2012, which was a great year for RT Marketing, with high profile projects – including the hospitality delivery for Coca-Cola during the London 2012 Olympic Games.”

The first initiative under the company’s new ownership has been the hire of business development director Jack Few, who joins RT Marketing from Rush Sports Marketing and Investment.

Added Spicer: “We’re ramping up our new business drive, targeting national and international sports events. We already have projects in the pipeline for the Sochi 2014 Winter Olympics. The year has started on a high for us and our goal is to increase 2012’s £3-million turnover by 14 per cent in 2013. Jack is eminently qualified to help us reach that goal.”