Stuart Wallis, who has been appointed to the board as chairman, has also taken an undisclosed equity stake in the business. Andrew Lipinski, who has previously held positions at Communisis and Howitt, has taken on the role of chief financial officer. Lipinski replaces David Attley at HH who is retiring.

Robert MacMillan, chief executive of HH, said: "I am delighted that Stuart has agreed to join the board as chairman and personally invested in the business.

"I'm sure his experience will be a major asset for us in the future. Similarly, we will benefit tremendously from Andrew's wealth of experience in the chief financial officer role".