A multi million-pound management buyout (MBO) has taken place at Worcestershire based Agility Group

Written by Martin James Admin

The Bromsgrove based, multi-award winning Agility Group, operates in two specialist business streams, the largest being in Vehicle Funding & Fleet Management and the other in Risk & Compliance Training and Consultancy including Fire Safety and Occupational Health Screening.

 The Agility Group has an annual turnover of in excess of £12m and currently employees c40 employees across Agility Fleet, Agility Risk & Compliance. The UK Fire Training business will remain within the Martin James Network with a strategy to build and grow with an innovative product offering. 

The business was founded in 2004 by Managing Director Keith Townsend and Chairman Jim Cockburn. Townsend manages the business day to day with the support of his long serving Senior Management Team, comprising Jacki Stevenson, Operations Director; Lee O’Connell, Sales Director; and Ross Matthews, Finance Director.

Keith Townsend said, “I am delighted to have been able to lead this MBO and take full control of the business. I am also very grateful for the opportunity given to me 16 years ago by Jim Cockburn which led to the creation of the company and for his ongoing support, advice and friendship over the years”.

“As far as our customers, staff and suppliers are concerned, it’s business as usual with our focus remaining on providing exceptionally high levels of customer service unpinned by our core values of Integrity, Enthusiasm and Flexibility.”

Jim Cockburn said “Having seen the business grow and flourish under Keith’s management, it felt that the time was right for the management team take full control of the business and allow me to focus on my other business interests within the Martin James Group. This is an exciting time for both parties and we look forward to watching the future success of the Agility Group over the coming years”

Agility Group revenues have increased steadily over the past five years both organically and by way of acquisition, with the business emphasis on developing new and added value services within both of its two business streams.