On 31st July 2024, the company’s founders Jeremy Thompson and Jane Rowland stepped down as directors of the company following a Management Buy Out (MBO). The company has been acquired by former New Business Development Manager Alex Thompson, who now becomes the Managing Director, and Customer Service Manager Chloe May, who now becomes Operations Director.
Both Alex and Chloe have been working at Troubador for over two years, and the company is very much “in their blood”. Both have been instrumental in the company’s development over the last two years, introducing the Troubador Hub and new technology to make the company more efficient as well as being at the heart of discussing new projects with hundreds of our authors. Alex, who is Jeremy’s eldest son, has lived and breathed Troubador for most of his adult life.
Outgoing Managing Director Jeremy Thompson said: “Troubador is in a good position at the moment following the last few years of Covid and the cost of living crisis, and much of that is down to Alex and Chloe having brought a new perspective to the company in a changing world. It is because of our confidence in them, having seen the positive influence they have brought in the last two years, that my co-director Jane and I feel now is the right time to step down. We are absolutely sure that they will provide strong leadership while retaining Troubador’s ethos of quality and excellent customer service.
“I started the company that was to become Troubador in 1989, in a back bedroom. Troubador became a limited company in 1996, and my co-director Jane joined in 1998. From that point on, together we grew the company to a staff of 29, and have published thousands of books for our authors. While I shall of course be sad to leave the company I founded 35 years ago, I am very happy that it will continue pretty much ‘as is’ following the MBO.
“I wish to thank all those thousands of authors who decided to place their trust in the company over the years, and all those staff members who have worked and are still working for the company. It is the team members who make the company successful, and without doubt the staff Troubador now has is by far the most skilled and professional that we have ever had. I wish all our authors, staff and new directors the very best for the future at Troubador.”
The official date of the MBO was 31st of July, so the directorship was handed from Jeremy and Jane to Alex and Chloe at 4.15pm on 31st July. In reality, though, the MBO will result in very little – if any – change at all for our authors, present and future. Our team of publishing experts will continue to produce the highest possible quality self-published books with the best customer service alongside our authors.