Beattie’s finance arm sold to Cubitt

Beattie Communications has sold Beattie Financial to investor relations and corporate comms specialist Cubitt Consulting.

Three staff, including Beattie Financial head and Beattie Communications executive vice-chairman Brian Coleman-Smith, have transferred to Cubitt as a result of the deal.

Beattie Financial has a fee income of £350,000 and specialises in financial comms for small to mid-cap companies. Clients include electronic data storage company Acal and Compass Finance.
Beattie CEO Gordon Beattie said: 'We have tended to work for larger multinational clients, and the fit with a City practice focused on smaller companies wasn't there.'

Beattie Communications still handles corporate and financial comms for AIM-listed RAM Investments and industrial cleaner firm Zenith.

Coleman-Smith, who arrived at Cubitt on Tuesday, was a founding director of IR shop Binns & Co.

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