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Welsh Company Beaufort Research Undergoes MBO

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Welsh company Beaufort Research has undergone a successful management buyout (MBO).

The Cardiff-based business provides marketing and social research services. It was established in 1984 and has worked with clients including BBC Wales and the Welsh Government.

Fiona McAllister, the managing director of the company, has bought out the business with Chris Timmins. They have both been running the company since 2007 when its founder Peter Stolle retired.

A statement from Ms McAllister, reported by Daily Research News Online, confirmed that the team aim to continue to grow the business: “We've built up an excellent reputation over the last thirty years and have many loyal and satisfied customers who value the knowledge and expertise of the Beaufort team…

SOURCE: business-sale.com