Apex Connected
Announce Management Buyout
Apex Connected begins 2024 with the exciting announcement of a management buy-out! On 22nd December 2023, Richard Lamb & Richard Willson completed a majority sale of the business. Chris Hutchings, Apex founder & now former CEO, has retained a minority shareholding, but has resigned as an operational Director & will no longer be involved in day-to-day business operations.
Since September 2023, Richard Lamb has been in post as Managing Director & at the same time Richard Willson also joined as Operations Director, so the business will continue to run in the same manner as before. However, the talented duo, who ooze drive & determination, as well as hold a great business vision, will be sure to propel the company forward from strength to strength.
Richard Lamb, Apex’s MD says;
“What a great way to start 2024. This is a very exciting time for the business. Personally, I cannot wait to get stuck in & keep driving Apex forward. We have some wonderful customers & we are looking forward to welcoming many more. Thank you to Chris Hutchings for all his work & support over the last 12 months. Together with Richard Willson I am looking forward to the next chapter in the Apex story”.
Richard Willson, Apex’s Operational Director comments;
“I am thrilled to be a part of the management buyout along with Richard Lamb. This represents an incredible opportunity to leverage our collective strengths & drive the business forward. Together, we will build upon the solid foundation laid by the existing Apex team”.
Chris Hutchings adds;
“I’m incredibly excited for everybody involved! As you may know, I started Apex from scratch. I am extremely proud of what we have achieved to date. Even through Covid, we ploughed on with a never give up, can do attitude. There is real resilience in the mindset of this business, & that is also very apparent in Rich Lamb & Rich Willson. I have every confidence that Apex will continue to flourish under their management.
Ends