MBO at marketing agency

Mocha Marketing's owners Chloe Dennis and Steve Stuart

Leicestershire agency Mocha Marketing has undergone a management buyout, with the founder’s sister taking over.

Managing director Chloe Dennis and digital director Steve Stuart have taken an equal stake in the business with founder Gemma Orton stepping back but remaining involved for at least the next year.

Orton said: “After seven years of building Mocha, I feel the time is now right to pass the reins over to two people who I know will take Mocha to the next level.

“To sell the business internally is a dream come true. It means that our team and clients are unaffected by a huge upheaval but can continue to enjoy all the benefits of the Mocha that they know, whilst continuing to grow on the excellent foundations in place.”

Dennis joined Mocha in 2019, originally as agency manager, and Stuart came on board in January 2020 when his small London agency was acquired by Mocha.

Orton added: “As a business, we are in the best position that we have ever been and I’m genuinely excited to see what Steve and Chloe go on to do over the next few years.”

Orton will now focus on the buy-to-let and holiday-let business she set up with her husband Dave, Orton Property Group.

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