NEWS16 July 2015
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UK — Cardiff-based marketing and social research agency Beaufort has been bought by its directors Fiona McAllister and Chris Timmins with the support of a £220,000 Finance Wales loan and funding from Bibby Financial Services.
McAllister and Timmins have been running Beaufort since the founder, Peter Stolle, retired in 2007.
The bilingual research agency was established in 1984 and conducts quantitative and qualitative consumer, business-to-business and social research.
Its clients include BBC Wales, S4C, Brains, the Intellectual Property Office and the Welsh Government.
The management team were advised by Richard Coppock of RCA Corporate Finance and Nigel Greenaway from Greenaway Scott.
Pictured, left to right, Beth Cousins, Finance Wales deputy fund manager; Fiona McAllister, Beaufort managing director; and Chris Timmins, Beaufort director.
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