Mayled takes over Jupiter Design through MBO
Jupiter Design has undergone a management buy out with managing director Jayne Mayled taking control of the company.
Mayled, who joined in 2006, has bought the majority stake in the Nottinghamshire-agency for an undisclosed sum, although founder Mark Shaw will continue to be a minority shareholder although he will no longer as act non-executive chairman.
Before joining the Design company which claims to have a turnover of £6m, Mayled spent 19 years in senior positions at high street brand Boots Chemists, latterly as communications director.
“I feel that because I have spent a lot of my life as a client, that has been helpful in putting myself in the client’s shoes here and when I joined I fell in love with the business and I absolutely love working with clients. Mark then found himself in the position where he wanted to go on to do something else and it has turned out to be a natural evolution,” explained Mayled.
She continued to explain that following the buy out, she now plans to work alongside Jupiter Design’s 80 strong team to focus and strengthen the agency’s retail and brand expertise.