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The Power Shift: Why More Marketing Agencies Are Going Employee-Owned

21 August 2023 Emma Williamson No comments yet
Marketing agency

In an industry powered by ideas, talent and tight-knit teams, marketing and PR agencies are asking a new question: 

What happens when your people don’t just work for the agency – but own it? 

As founders look for purpose-driven exits and teams seek deeper connection to their work, employee ownership (EO) is emerging as a compelling model for the modern agency. It offers a future where independence, culture and creativity are instilled and amplified. 

What really is Employee Ownership? 

At its core, employee ownership is about giving the people who build the agency a meaningful stake in its future. 

In the UK, the most common model is the Employee Ownership Trust (EOT). Here is a brief outline as to how it works: 

  • A trust is set up to hold a controlling stake in the business. 
  • Employees don’t buy shares directly – instead, they become beneficiaries of the trust. 
  • Profits can be shared and long-term decisions are made with the whole agency in mind. 

The result? A business model that aligns people, purpose and performance – without needing to sell to Private Equity (PE), a competitor or external investor. 

Why it’s a natural fit for agencies 

Agencies thrive with good people. Your team is your brand, your product and your value proposition. EO takes that reality and bakes it into the business model. 

Here’s why agencies are leading candidates for this shift: 

  • Culture Preservation 

Whether you’re 10 or 100 people, EO can ensure your agency’s values survive beyond the founder. No sudden shifts in direction, no big network culture clash. 

  • Stronger Retention 

High staff turnover has haunted the industry. But when employees have a personal stake in the business, they’re more likely to stay, grow and lead. 

  • Client Continuity 

Clients value stability. With EO, you signal that your agency isn’t a steppingstone – it’s built for the long run. 

  • Smoother Succession 

Founders don’t have to choose between selling out and burning out. EO offers an exit that’s gradual, values-aligned and often more financially beneficial than a trade sale. 

How EO changes day-to-day agency life 

Employee ownership doesn’t mean everyone votes on everything. It’s not a free-for-all. But it does shift the mindset. Here’s how: 

  • Leadership evolves from “founder-led” to “mission-led.” 
  • Transparency becomes normal – teams are more informed, more invested. 
  • Collaboration deepens – people think long-term, because it is their future. 

For agencies, this can mean fewer siloed departments, more cross-functional leadership and a stronger internal culture that clients can actually feel. 

5 Agencies Leading the Way 

Here are five marketing and PR agencies in the UK that have already made the leap to employee ownership: 

  1. Rock Kitchen Harris (RKH): A full-service agency based in Leicester, RKH became 100% employee-owned in 2024, giving all staff a direct voice in its future. 
  2. Absolute PR and Marketing: This Devon-based agency transitioned to an EOT to reward long-serving staff and preserve the agency’s independent culture. 
  3. STB Graphic Designers: A strategic design and branding agency, STB passed majority ownership to employees while maintaining its creative independence. 
  4. Milk & Honey PR: One of the most awarded independent PR firms in the UK, Milk & Honey became majority employee-owned in 2023, supporting its growth with purpose. 
  5. I-COM: This Manchester-based digital agency transitioned to an EOT model in 2024, reinforcing team cohesion and leadership development. 

Is It right for your agency? 

Not every agency is ready for EO – but many are closer than they think. If you’re: 

  • A founder thinking about your next chapter 
  • A leadership team wanting to build long-term value 
  • A culture-first agency tired of the M&A treadmill 

…then employee ownership is worth exploring. 

Agencies are better when everyone’s invested 

The Employee Ownership model isn’t just about shares or structure. It’s about saying, we built this together – and we’re in it together. That shift is powerful. And in a world where clients and employees expect more meaning, more inclusion and more trust – EO might be your agency’s most strategic decision yet. 

Ready to explore EO for your agency? 

Whether you’re just curious or already planning a transition, we’ll help you make it real. 

  • Employee-ownership
  • marketing
  • PR
Emma Williamson

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