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NEWS2 December 2009

MBO at the Future Foundation

M&A UK

UK— The management team at consumer insight agency the Future Foundation has completed a buy-out of the firm from parent company Experian.

The MBO was led by managing director Christophe Jouan, client director Meabh Quoirin and co-founder Melanie Howard, who has returned to the firm as executive chair as a result of the deal.

Jouan has been appointed chief executive while Quoirin takes the role of managing director.

The firm, along with its 30-odd members of staff, has also moved out of Experian’s head office to a new office in east London.

Jouan (pictured) said: “The acquisition is highly opportune – Future Foundation is well placed to advise clients how best to respond and capitalise on emerging consumer trends as we move on from the recession, particularly with plans to roll out our global trends service. This will equip our clients with an even more comprehensive perspective and means of anticipating international consumer developments.”

Terms of the deal, which is effective as of yesterday, were not disclosed.

@RESEARCH LIVE

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