Podium

Acquirer: Sarah McKevitt, Lia Gordon and Katie Toman

Podium, a prominent digital marketing agency based in Newcastle, has successfully completed a management buyout. The transaction sees Sarah McKevitt, Lia Gordon, and Katie Toman assume leadership, taking over from founder and managing director Andy Thevarokiam.Summary of transaction details:Value: UndisclosedSector: Digital Marketing / Business ServicesAdvisor: Not mentionedKey Entities: Target: Podium; Acquirers: Sarah McKevitt, Lia Gordon, Katie TomanLocation: Newcastle, UKNote: This management buyout is intended to propel Podium's growth, with the new leadership team aiming to expand the client base by 20% and create new jobs, building upon the foundations laid by the founder.