Stills

Creative agency Stills Branding is looking to build on impressive client and revenue growth following a management buyout.

Creative agency Stills Branding is looking to build on impressive client and revenue growth following a management buyout. The deal for the Cardiff-based agency, which generates 70% of its turnover outside Wales, has seen existing director and shareholder Steve Sulley and head of design Ceri Lovett, acquiring the business.

Finance Wales part-funded the deal, while Simon Tee of Kilsby & Williams and Sion Tudor of Capital Law both advised on the buyout. The new structure sees Mr Sulley, now the main shareholder, taking up the role as managing director and Mr Lovett as creative director.

Stills has a growing client base which includes the BBC, Barclaycard and Cancer Research Wales. The company also relocated to the distinctive Coach House in Pontcanna – renovating the property from the ground up.

Mr Sulley said: “I am delighted to finally complete the purchase of Stills; it is an agency with a fantastic client base across Wales and the rest of the UK, and we have some exciting growth plans on both sides of the bridge. I want to thank Finance Wales along with Simon and Sion for their help and support during the buyout.”