PR agency Muckle Media acquires Spey
Scottish PR agency Muckle Media has acquired 100 per cent of Spey’s shares, making it a fully owned subsidiary.
The deal grows the collective team at the two agencies – Scotland’s first two PR agencies to certify as B-Corps – to over 35 people, and follows Muckle Media’s previous acquisitions of Taste Communications in 2022 and Platform PR in 2015.
Muckle and Spey will both continue to operate separately, with client teams across consumer, corporate, spirits, hospitality and tourism continuing to serve existing clients and win new business.
Jennifer Robertson, owner and founding partner of Spey, said: “After almost a decade growing Spey, I think it is a good time for a new chapter in my career and life. It has been a privilege to build the agency working with the very best colleagues and to serve clients from every corner of the globe, with whom I have had the honour of a lifetime to work with.
“I have been thinking for some time about what I want to do with the next stage of my career, while juggling the joy and challenges of being a mother to young children and continuing to contribute to the organisations and industries that I am passionate about.
“In Nathalie, who hails from the Highlands and whose company is also a member of the B-Corp community, there is clear shared values and purpose, running a successful agency with a presence across rural and urban Scotland.
“I leave the company in great health with a highly talented team across our offices in Speyside and Edinburgh, working with the finest group of clients. I wish Nathalie and the now much bigger team the very best in this next exciting step of their journey.”
Nathalie Agnew, managing director and founder of Muckle Media, said: “Jennifer has done a fantastic job at growing a values-led, strategic communications agency, very closely aligned to the values at Muckle Media.
“From Muckle Media’s first office in the Highlands of Scotland, to our now Edinburgh based HQ, we have been on similar journeys, and both focused on delivering the best strategic and creative work for brands that we love, with consideration for more than just shareholder profit.
“I’m excited to continue to build upon Spey’s success, working closely with the skilled team to deliver long term results that deliver business impact. We look forward to investing further in the team and brand and building upon successes to date.”
Spey doubled its client base in 2023, with new clients including Glenfiddich, Graham’s Family Dairy, Briggs of Burton, Berry Bros and Rudd Spirits, and AES Solar.
Mrs Robertson will exit the business following a brief handover.
Muckle Media was advised by Mark Probert at Cactus and Hybrid Legal and Spey Media was advised by AAB and Ennova Law.