This follows news in June this year that Bluehat UK Ltd had gone into liquidation. Former CEO Tim Shepley called the company's demise 'very sad', citing mismanagment as the reason for the agency's dissolution.
Bluehat, the teambuilding arm of the business, will now focus on bringing a range of new team building events to market over the next couple of years.
Commenting on the new development for Bluehat, co-owner and director Neil Harvey said: "The response we've had from our corporate and agency clients has been fantastic. Clients are always looking for new and interesting ideas. We draw heavily on experience from the world of theatre to craft engaging experiences, deliberately designed to encompass something for everyone. This results in meaningful events that can be used as 'just for fun' and also as a platform for powerful learning experiences. I’m really excited to be back in the driving seat of Blue Hat Teambuilding."
Fellow director Ben Parkinson added: "In recent years the old Bluehat company had been taken in different directions which didn't align to the core strength of the brand. The eye was taken off the ball which led to challenges. Neil and I have since stepped back in to save what has been the leading team building brand for over 17 years. We are looking forward to putting our focus back into creating new sophisticated, intelligent and worthwhile team building concepts to enable clients to attain more value from their team meetings and conferences. The core business has always been strong, recognised by an unrivalled 41 industry award wins over the years."
See more Bluehat:
• For more breaking news and in-depth features, sign up to C&IT Magazine's daily Newstracker here