Outside Line appoints Steve Leach as chairman following MBO
London digital agency Outside Line has appointed bigmouthmedia founder Steve Leach as chairman of the board following a restructuring deal in which its senior management team has acquired investor Ingenious Media Active Capital's shareholding.
Leach joins as non-executive director following a fresh seven-figure investment in the firm, which Outside Line's executive team plans to use to expand its operations in the UK and abroad.
Director Ant Cauchi said of the investment: "Ingenious have been a fantastic partner to us over the last 4 years and we are now really excited to be entering into a new phase of the Outside Line story with a chairman as widely known and respected as Steve. He's a true pioneer of the digital industry and taken with our track record for blending creativity and technological expertise, we expect his strategic vision and experience to have a major impact upon the company's future development."
Leach commented: “Over the years I've encountered a lot of agencies, but Outside Line was one of the few whose blend of raw creativity, technical excellence and sheer entrepreneurial spirit really stood out from the crowd. With their established reputation and proven approach to make brands stand out online there's tremendous scope for expansion in both the UK and overseas markets, and I'm looking forward to advising a team I've every confidence will make that happen.”