The Pixel decided to buck traditional practices in a world where external investment is often seen as the path to success. Instead, they opted for a Management Buy-out (MBO) route in 2023 to maintain their dedication to clients and preserve their core business values. This bold move brings ownership to those already knowledgeable about the company, ensuring management continuity and deeper relationships.
When it comes to ensuring financial stability and growth, there are many paths a business can take. For The Pixel, it was clear that external investment was not the right path. Instead, they chose the MBO route, which allows them to control financial stability while still driving growth and exceptional levels of client satisfaction. This move brings ownership into the hands of those who have played a pivotal role in the success so far and are already knowledgeable about the company, ensuring management continuity and deeper relationships with clients.
Stephen Leyton, founder-owner of The Pixel, believes that the transition to management ownership will be an agent for positive change for clients and the team.
“The team will become co-owners, retaining the team spirit and client-centric ethos that has been integral to their success to date. This move is far from traditional, but it ensures that clients will still receive the same exceptional service levels, while the team receives recognition for their dedication and commitment.”
Chris Leyton, co-founder-owner of The Pixel, is excited about the move and its opportunities.
“There is now room for The Pixel to offer a wider range of services, including moving into the digital experience space. The new co-owners have been with The Pixel for up to 16 years, ensuring that management continuity remains intact.
The move to collective ownership certainly wasn't easy, and it required a lot of planning and discussions among the management team. However, it's a clear reflection of the dedication and commitment that the team has towards the company. This move ensures that The Pixel continues to provide exceptional levels of service to their clients, while still growing and expanding into new markets.”
It's a move that ensures that the company's dedication to clients and core business values is maintained. This move has allowed the team to become co-owners, ensuring management continuity and deeper relationships with clients. With this move, The Pixel is well-positioned to continue providing exceptional levels of service to their clients, while still growing and expanding into new markets.
