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An expansion of services and a strategic alliance, to support ambitious SMEs, has seen a surge in new business at corporate communications specialist, Bradley O’Mahoney.
The company has seen its collaboration with business investment specialist, Stephenson Ventures, launch with three products for companies operating in the tech and other high growth markets. At the same time, the firm has introduced an in-house video filming and editing offer that is being utilised by its wide client base to tell their own unique story.
Sarah O’Mahoney, director, commented: “We are placing an emphasis on the growing number of companies in the region looking to scale quickly and with the ultimate goal being the sale of the business or further acquisitions.
“Our message to fast growth companies is that building fame and profile is a vitally important ingredient, something they really should work at when looking to build the confidence in them of a potential investor.”
Demand for advice is set to grow as the value of Venture Capital (VC) investment in North East businesses more than doubled in the second quarter of 2023, according to KPMG’s latest Venture Pulse report.
A total of £23.9m was raised by the region’s businesses from April to June, up 132 per cent from the £10.3m raised in Q1, according to the report compiled by PitchBook.
In the UK more than 60 per cent of completed deals in the first half of 2023 were at seed, early and series A stage, showing that innovative, high-growth potential businesses are appealing to investors.
Sarah continued: “Our collaboration with Stephenson Ventures has enabled us to convert clients from the tech sector, in particular, where Neil is a highly respected mentor, coach NED and investor, having sold his own business, data centre specialist, Onyx, for a reported £60m on 2016.
“Meanwhile, we have seen very fast uptake for our video offer and this is without actively marketing it. Many of our clients such as Hodgson Sayers, Carney Consultancy and Castle Building Services have utilised video to highlight business success, case studies, award wins, celebrations and to engage with employees, stakeholders and investors.
“To meet increased client demand we have also strengthened our PR resource at director level and formed a collaboration with national broadcast journalist for ITN, Rachel Sweeney, around media training and crisis management.”
By Matthew Neville – Senior Correspondent, Bdaily
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