BWM partners buy back the farm – once again Australia’s largest independent agency
Founding partners Rob Belgiovane, Paul Williams and Jamie Mackay have today bought 51% of the BWM agency from Enero giving them back 100% ownership.
The move means that BWM is once again Australia’s largest independent agency.
In a joint statement the three partners said: “With 15 years of successful partnership and working with some of Australia’s biggest brands, we couldn’t resist the opportunity to back ourselves, our team and our brand one hundred percent. The opportunities that face the industry and clients today are perfect for the entrepreneurial, performance-based, creative culture of BWM. We are convinced that there’s never been a better time for an agency focused on creating ideas that get Australians talking.”
After 18 months of re-engineering the business and driving new business growth following the loss of Telstra 12 months ago, BWM now has staff of over 120 and full service offices in Sydney and Melbourne.
Clients include Sanitarium, nib, Tabcorp, Simplot, Kmart, GE Money, Brown Brothers, Real Estate.com and the Department of Health and Ageing. Agency revenues now exceed $20m bolstered by recent wins of REA, Leggos and Amcal.
16 Comments
Great news. When’s the party?
I think that’s brilliant, good luck guys.
Wonder how much they made in the process?
Love this.
Really great news. Good luck guys!
Congratulations guys, great news.
Can we just have a ‘like’ button for posts like this?
Well done sirs!
Must be time to get those matching Vespas now huh?
There goes HR.
Well done Gents!
Didn’t think you could afford it back after Enero paid you in pesos
Fantastic. Good on you guys.
This must be good news.
Why? Well because (aside from this ‘anonymous’ one) almost everyone has chosen to post under their name, and – even better still – there are no cynical or vitriolic posts.
How refreshing from our industry.
Hi Rob
thats great news
You still owe me lunch at Fratelli Paradiso since 1986.
Geoff Hughan
This can only be healthy for our industry, well done guys!
As one of the people who helped persuade Rob and the boys to sell to Photon I can only say I am delighted they now have bought back the farm! Congratulations.