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FunAsset & IDS Management Buyout

FunAsset are pleased to announce the completion of a successful management buyout, with three long-standing employees taking ownership of FunAsset and Integrated Document Solutions (IDS).

Mark Dowson continues as Managing Director, Ann Vickery remains Administrative Director, Rob Webb becomes Technical Director, with other staff and roles remaining unchanged.

The buyout was instigated following the retirement of the previous owner and Finance Director, Sue Neave, who established FunAsset with her late husband, Tom, back in 1987.

"Both FunAsset and IDS couldn't be in better hands," comments Sue. "The new owners and existing staff make a great team and I am confident their commitment, skills and experience will ensure both companies have continued success."

Company objectives remain the same - to provide excellent levels of service and support; to continue with the development of new and existing document production solutions; to build upon current customer relationships; and establish new markets.

Mark Dowson states: "Existing customers can be assured the change in ownership will have no adverse affect on current relationships and service commitments. Everyone at FunAsset and IDS consider the buyout, along with our recent move to premises in Taunton, as the beginning of a new and exciting chapter. A chapter we are certain will benefit FunAsset, IDS and customers alike."

Article #: 600068
Date Added: 26/02/2009
Last Updated: 19/03/2009
Article Type: General
Author: Mark Williams
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