East Midlands events company sold in MBO

Northants event company Mobile Promotions has changed hands in a management buy-out.

David Walley has taken over the firm in a deal advised upon by The Wilkes Partneship. He will become Mobile’s new chief executive.

Rick Smyth, partner at Wilkes, led the Wilkes team with support from Lucy Freeman, Rupi Sahota, Emma Freudenthal and Leighann Richards. The transaction was led by corporate finance advisers Assay Corporate Finance.

Walley said: “We greatly appreciated Rick and the team’s pragmatic and proactive approach – helping us navigate both the process and overcome some tricky technical issues. We look forward to working with them again on our future corporate acquisitions and view them as very much part of our team.”

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