
I am aware that there are rumours in our sector that Whitewater is up for sale.
Such gossip can be unsettling for a business so I'd like to use this months' Whitewater advert to set the record straight.
It is true that we are in the advanced stages of negotiating to join an existing direct marketing services group.
I am to become a shareholder in the new group and will continue to lead Whitewater for many years to come, aided by our existing management team who, incidentally, are fab and have been a part of the negotiating process.
I have genuinely never been more excited about Whitewater's future than I am today. We have completely reinvented ourselves in the last few months; having breathed new energy, new professionalism and new ideas into every corner of our work. (You should come and give us a try!)
The proposed partnership with the new group only adds to my excitement about the future. They have strengths and skills which will substantially improve our (already excellent) customer offering in many respects. And they're justifiably excited about how much the Whitewater brand will add to their own business.
Whitewater will continue to operate as an independent entity, in our own office, with the same staff team - to whom I have a fierce loyalty.
For legal reasons, I cannot reveal the name of our suitor for a short while but, in the meantime, I hope this puts the record straight.
This will end a process which began when my wife Claire and I agreed that she should exit the business - a decision we took together about a year ago. We have three (gorgeous!) kids and the pressure of running a business, and being good parents, has been too much for us.
This strategic move is right for our children, and opens up all sorts of exciting possibilities for Whitewater.
Steve Andrews
Originally published in Professional Fundraising magazine: to see this statement as it appeared there, download the pdf.