Podium

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: Undisclosed
• Sector: Digital Marketing / Business Services
• Advisor: Not mentioned
• Key Entities: Target: Podium; Acquirers: Sarah McKevitt, Lia Gordon, Katie Toman
• Location: Newcastle, UK

Note: 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.