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Turnover up £1m as incentives underline Absolute Corporate Events growth

Agency has seen turnover rise by 30 per cent and doubled the size of its team in the last 12 months

Pictured: The ACE board - Angie Mason, Jill Fleming, Chris Parnham and Jacquie Freer

Absolute Corporate Events (ACE) has seen turnover rise by 30 per cent and doubled the size of its team in the last 12 months.

The agency has revealed it is expecting to turnover £4.5m this year, compared to £3.5m last year, with the figure forecast to exceed £5m in 2017. 

MD Chris Parnham, who has owned the agency since 2013, said: “2016 is our most successful year yet, with some terrific new clients coming on-board and some of the freshest and most desirable talent in the industry joining the team. 

“Having built on our very solid foundations of international venue sourcing and event management, we are now enjoying an enhanced pedigree including international incentives and live event production, forecasting our biggest order book in the company’s history. As always, our success is a credit to my team, who work so hard to make our events beautiful and memorable.” 

The fastest growing market sector for ACE has been international incentives, with new clients in the international banking, insurance and commerce sector. Large international conferences are also on the increase with new clients in the construction, law and professional services sector. 

In 2016, the agency hired a new business development manager, James Goulder, and more recently a venues team manager, Bethany Matthewson. 

ACE has added an additional event manager to the team in Amy Spencer and further expanded the venues team with new hire Kirsten Sorensen as well as welcoming back Gemma Cummings from maternity leave. Most recently, Zibrant’s Kate Allsop joined the finance team. 

Last week the agency held its annual Partner Awards event at Parnham’s home in London, where the firm presented eight ACE awards.

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