Beattie’s finance arm sold to Cubitt

PR Week UK, Thursday, 08 December 2005, 12:00am,

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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