Jamie Ball, managing director of ASG Media, and Gary Truman, its finance director, left the company after it went into administration last week. The firm will now trade as ASG Estates, led by David da Costa, but will not take on ASG Media's debt.
Two-thirds of ASG Media's 18 staff have been offered jobs in the new firm. Cassandra Byrnes will be head of sales.
RAM Investment Group is listed on the London Stock Exchange. Its strategy is to acquire companies or assets it believes are undervalued.
RAM acquired TrainFX from VMG in a cash-and-share deal. It took control of 49.9% of TrainFX in May, and then announced its intention to take over the rest of the company in June.
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