Bromsgrove’s Agility Group secures Management Buy out

Agility Group Keith and Jacki

The award-winning outsourced business services company Agility Group, which operates in two specialist divisions: Agility Fleet and Agility Risk & Compliance has undergone a successful management buy-out (MBO).

The multi-million pound MBO, led by Managing Director Keith Townsend and his long term partner Jacki Stevenson (Operations Director) sees ownership of the Group transfer to the hands of the entrepreneurial team.

The Group, co-founded by Keith in 2004 has annual revenues in excess of £11 million and employees 33 staff from its head office in Bromsgrove, Worcestershire.

Keith said, “I am delighted to have been able to lead this MBO and take full control of the business I have been running with Jacki for the past 16 years. Jacki was the very first employee of Agility and has worked in several different departments during her time at Agility, helping the business to win multiple awards including the BVRLA’s Unsung Hero Award and FN50’s Customer Service Team of the Year Award. Jacki is very much respected in the world of contract hire and leasing and following the MBO she will take up a new position of Group Chief Operating Officer.”

“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. The MBO will allow Agility Fleet to consolidate it’s position as a Top 10 independent leasing company and for Agility Risk and Compliance to continue to expand its range of Health & Safety, Food Safety, Fire Safety and HR training and consultancy services

Following the MBO, Keith will take over as Group Chairman and CEO and Jacki will become Group COO.