MBO at Research and Marketing Plus in Cardiff

UK— Chief executive Phil Evans has led a management buy-out at Cardiff-based full-service agency Research and Marketing Plus.

Evans, who joined the firm in January this year, led the management team in acquiring the firm from Sheila Jones, who founded the company with her husband in 1968.

The deal was funded by Finance Wales, which provides commercial funding for Welsh businesses. It was also backed by Bank of Scotland Corporate, equity from the management team and the Welsh Assembly Government’s Single Investment Fund.

Evans said: “This company has a reputation for quality of service and an enviable client list. It has also been an important employer in Cardiff for over four decades. I am privileged to have a strong team here who are committed to developing the business further in order to meet the needs of our clients and to continue to provide local jobs…

“We have a three-year plan for developing the business and we are investing in our systems, equipment and training. The backing of three major financial institutions is for me a real vote of confidence in our vision for this business.”

The firm employs 80 staff and has two divisions – market research and direct marketing – and an annual turnover of £2m. Its research offerings include quantitative phone, online, postal and street interviewing and qualitative focus groups and hall tests.

We hope you enjoyed this article.
Research Live is published by MRS.

The Market Research Society (MRS) exists to promote and protect the research sector, showcasing how research delivers impact for businesses and government.

Members of MRS enjoy many benefits including tailoured policy guidance, discounts on training and conferences, and access to member-only content.

For example, there's an archive of winning case studies from over a decade of MRS Awards.

Find out more about the benefits of joining MRS here.

0 Comments


Display name

Email

Join the discussion

Newsletter
Stay connected with the latest insights and trends...
Sign Up
Latest From MRS

Our latest training courses

Our new 2025 training programme is now launched as part of the development offered within the MRS Global Insight Academy

See all training

Specialist conferences

Our one-day conferences cover topics including CX and UX, Semiotics, B2B, Finance, AI and Leaders' Forums.

See all conferences

MRS reports on AI

MRS has published a three-part series on how generative AI is impacting the research sector, including synthetic respondents and challenges to adoption.

See the reports

Progress faster...
with MRS 
membership

Mentoring

CPD/recognition

Webinars

Codeline

Discounts