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Steve Young snaps up Threesixty's Sense stake

by Rachael Revesz on Dec 20, 2012 at 15:59

Steve Young snaps up Threesixty's Sense stake

Support services provider Threesixty has sold its 15% stake in Sense to the network's commercial director Steve Young.

Threesixty managing director Phil Young has stepped down from his role as a director of Sense following the sale.

Sense managing director Tim Newman said: ‘As a consequence of the transaction, Phil Young, as Threesixty’s representative, will no longer be a director of Sense and he leaves with our thanks for his wise counsel and guidance. Our relationship with Threesixty remains extremely strong and they will continue to supply us with high quality compliance support in the future.’

Newman added that Steve Young (pictured), who has been a director since January, will continue to develop the network and support services business.

Threesixty bought the stake in Sense in January 2008, one year after the network was set up.

5 comments so far. Why not have your say?

Dante

Dec 20, 2012 at 16:50

The Young have more money than Sense

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Dathan Steele

Dec 20, 2012 at 21:06

It's a very compelling proposition....a network that is actually viable!

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Youngs of the world unite

Dec 21, 2012 at 08:35

Is there a requirement for there to be a Young on the Board?

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Andrew Watts

Dec 21, 2012 at 09:04

Congratulations Steve - hope it goes well.

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Matthew Timmins

Dec 21, 2012 at 16:13

Congratulations Steve - Sense is a great business and i am sure you will help drive it forward. Here's to a positive 2013! Matt

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