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Company founder steps down after management buy-out

The founder of a long-established Leicestershire based software development company is to step down from the business.

The step down comes after a management buy-out by Evolve's current Chief Technology Officer (CTO) Colette Wyatt.

Leanne Bonner-Cooke MBE, who founded Evolve in 2007, is handing over the reins to co-director and former CTO Colette Wyatt.

Colette has acquired 100% ownership of Evolve Holdings Limited and two of its subsidiaries. Colette will become the CEO of the group and its subsidiaries Evolve, Pro-Evaluate and Evolve Dev.

Evolve will be led by Colette who has been with the business for the last five years alongside Philippe Peron, Director and Chief Delivery Officer, who has been running its Ukraine operation since 2018.

Leanne said: “This has been a great journey and it is the right time for me to be moving on to pursue my other business interests.

"I would like to thank all the staff, customers and suppliers for their support and commitment over the years, without whom this journey would not have been possible.

"With her experience and vision, Colette and the outstanding Evolve team will undoubtedly continue to lead the company to further growth and success. I wish them the very best for the future.”

Colette commented: “Working alongside Leanne has been a pleasure and an honour, her energy and passion in everything she does is infectious.

"They are big shoes to fill but myself and the team are up for the challenge and have many exciting plans that will be unveiled in the coming weeks and months, so watch this space.”

Rik Pancholi, Director of Pattersons Commercial Law, who advised Leanne Bonner-Cooke MBE on the transaction, added: “It has been a pleasure working with Leanne and Evolve over the last few years and fantastic to see such a successful business being taken over by a very capable management team."


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