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Western Australian web design company, Bam Creative, becomes an Employee Owned Company
Western Australian award-winning web design company, Bam Creative, announces internal buyout, and becomes an Employee Owned Company.
By: Bam Creative
Bam Creative was founded in 2002, and has been one of the most awarded web companies at the annual WA Web Awards since they were established in 2005. In 2006, Bam Creative acquired rival web company Cube7, and then became a wholly owned subsidiary of Westway Nominees, owner of Western Australian IT firm, Bekkers. This sale of shares in Bam Creative allows Westway to focus on delivering IT services, whilst still holding a stake in the future of Bam Creative.
“I believe an employee buyout ensures that Bam Creative has a tremendous future” says Miles Burke, Managing Director. “It has always been my management style to encourage employees to have a sense of ownership, and this news means that the majority of employees really do have a share in the company’s future success, which will naturally improve the motivation and morale of the team.” Miles added.
Bam Creative will remain in the same premises for the time being; however it isn’t business as usual for the employees. The result of 80% of the employees becoming shareholders means that a new level of enthusiasm and responsibility to colleagues, suppliers and clients has already become evident.
“This is an important step both from an employee ownership perspective, as well as a client service angle. The buyout is creating a new enthusiasm to build upon our previous experience, and return greater results to our existing client base.” Patima Tantiprasut, a newly elected employee turned Company Director, stated.
Miles Burke, founder of Bam Creative will remain in his position as Managing Director. Joining him are two existing employees, Mark Termeer and Patima Tantiprasut, who have been elected by the employee shareholders to represent the new ownership structure.
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About Bam Creative:
Since establishing in 2002, Bam Creative has grown from a one man operation to an award winning company with over fifteen full time staff, and a pool of contractors.
In 2006, we acquired the well known Cube7 business, a web design studio trading since 2000, and have expanded from a small scale design studio into a fully operating online agency, including design and development of web applications and web software through to websites, both big and small.
And since we’ve grown, we’ve worked for some of the best-known names in the commercial world - both in Australia and internationally - dealing with clients who are looking for a supplier of creative and successful online services.