Lionize completes sale out of administration; founders split with ‘high-quality’ result for owed creditors

Independent full-service agency, Lionize has completed its sale out of administration to a private investor, as CEO Mikey Taylor told Mumbrella only two staff have been made redundant.

Taylor said Lionize will continue to operate under its current name as a creative and digital media business, with co-founder and chairman Aaron Monks set to leave to restart his media agency, 360DMG.

Taylor called the sale a “high-quality result”