Our client Epigram, has completed a management buy-out (MBO) as part of the next phase in the company’s growth strategy and we are delighted to have supported the management team on the deal.

Epigram

The leadership of Epigram has completed a successful MBO of the business.

The Manchester-headquartered agency, which was founded by Nicky Owen in the early 1990s, has been active in the creative sector for over 30 years. In 2018, experienced legal marketing director Susan Siddall (née Pettit) came into the business to continue the growth of the company, kickstarting a succession plan for the agency.

The MBO sees the final part of that plan complete, with the buy-out of Nicky Owen’s shares by CEO Susan Siddall, bringing Epigram under sole ownership.

Founded in 1993, Epigram quickly established itself as the go-to agency for the legal sector, having carved out a niche through its deep understanding of partnership structures and law firm culture, as well as its requirement for tight turnarounds and high-quality creative work. Over the years, the business continued to grow organically through its work with some of the world’s best-known law firms including Linklaters, DWF LLP, DLA Piper, Addleshaw Goddard, Eversheds Sutherland and Osborne Clarke.

Since joining the business, Susan has played a key role in diversifying Epigram’s client portfolio, securing notable appointments to the Cultural Campaign supporting the Commonwealth Games in 2022, as well as bringing onboard a number of regional law firms including Pannone Corporate, Rusell Cooke and Taylor Wessing.

Under Susan’s leadership, the company has also expanded its client roster beyond the legal sector to work with global brands like Knight Frank and Kraft Heinz, as well as developing online and interactive offerings, guiding clients through the complexities of digital design and emerging AI tools.

Speaking of the news, Susan commented:

“I am pleased to announce the successful completion of this MBO which marks the next stage in our growth journey and would like to reassure our clients and partners that we remain committed to delivering high-quality, innovative and tailored design solutions.

“It is very much business as usual and we will continue to operate with the same team of talented designers, values and culture that have made Epigram such a trusted and respected creative partner over the last 30 years.”

Reflecting on the transition, Nicky, who will retire from the business to focus on her work in the charity sector, said:

“Having built Epigram from the ground up, it’s incredibly important to me that the company continues to thrive and grow. I have full trust in Susan’s ability to build on the foundations we’ve laid together in recent years.

“Her vision and dedication to both our clients and the team are exactly what Epigram needs to enter this next phase of growth. I’m excited to see how she will steer the company towards even greater success in the future.”

Susan added:

“Nicky has created an incredibly strong foundation, and as we move into this new chapter, I am more committed than ever to driving Epigram’s success. We have ambitious goals ahead and, with the continued talent, dedication and creativity of our team, I am confident we will achieve them.”

Murray Patt, founder of Alexander Knight & Co, added:

We were delighted to provide advice to Susan and the brilliant Epigram team on this successful MBO. The team is now perfectly poised for more growth and success in the future.

We are proud to report that our colleague Jack Crowther, who joined us as an apprentice, has now attained AAT full membership (MAAT) – the internationally recognised professional status in accounting and finance.

We are committed to supporting the careers of the next generation of accountants and we are delighted with the progress and dedication that Jack has shown.

Alexander Knight & Co is an attractive career choice for both experienced accountants and people who are just starting off in their career.

Our supportive, flexible and entrepreneurial approach attracts just the right kind of professionals who our wide client base of business owners trust.

If you want to join a growing firm that invests in your accountancy career – especially one that offers a hybrid office/homeworking environment in the current climate – then speak to us now.

We are recruiting – so please send your CV to Alison Spier now. 

Top 5 business trends for 2020

As 2019 draws to a close it’s important for business owners to be on the front foot when it comes to anticipating what’s in store for next year. Predictions by experts are commonplace in business circles at this time of year and some are more accurate than others.

Our team at Alexander Knight & Co think these five trends are the ones that should be on your radar during 2020.

1) 5G

Mobile connectivity is set to get faster and more reliable with the steady rollout of 5G across the country during 2020. As well as being much faster than previous ‘G’s, it is also set to open up lots of new business opportunities for entrepreneurs. One interesting consequence of the introduction of 5G is that the battery life of mobile phones is now being touted as being up to 10 times longer.

2) Public reviews

Public user-generated reviews will play an increasingly powerful role on your business fortunes during 2020. Google reviews, Facebook reviews and Trustpilot reviews are all being pushed heavily in internet search engines and star ratings will increasingly appear alongside mentions of your business online. It’s important to get a proactive strategy in place now to make sure you are generating plenty of positive online sentiment about your business and encouraging your clients and customers to give you five-star reviews.

3) Remote working

Remote working and collaborative working spaces will continue to increase in popularity. Formerly the preserve of freelancers and one-man bands, SME’s are now seeing the benefits of increased productivity when enabling and empowering their workforce to work from home or in a collaborative working space with other companies. More and more office space will become dedicated to the concept of collaborative working and local authorities in particular will be encouraging this use to fill up vacant buildings on the high street.

4) Going global

Internationalism will be a major focus for businesses of all sizes during 2020. After three years of uncertainty about Brexit, businesses have realised that expanding their international links will stand them in good stead, no matter how things turn out with Brexit. Expect to see more companies developing international connections, launching new offices and agreeing joint ventures with companies across Europe and the rest of the world.

5) Speedy decisions

Faster decision making. Business owners who can make speedy (and correct) decisions will always be the ones who succeed more than the rest. This has always been the case but the trend during 2019 of delaying decisions about expansion, investment, exiting or acquiring new companies may come to an end in 2020. Companies in our own client base at Alexander Knight & Co are planning to make big and bold decisions they feel are right for their business. We predict more corporate transactions next year and we’re excited about what this means for our entrepreneurial client base in the year ahead.

 

If you are reviewing your current arrangements with your existing accountants please call us on 0161 980 8788.