How Acquisition Can Remove The Growing Pains For Small Agencies On The Rise

Potted green plant grows up in arrow shape over blue background. Concept business image

In this opinion piece, Bastion Collective founder and executive chairman Fergus Watts (pictured below) talks about how to identify dangerous cracks in the operations of small agencies; and how to avoid them.

Fergus Watts

It sounds counterintuitive but many small businesses in the marketing and communications industry hit a growth spurt only to crash and burn as a victim of their own success.

There are myriad reasons that a small agency on the rise might find dangerous cracks appearing in its operation.

The founders whose creative talents have inspired the success suddenly find themselves pulled away from what they do best to meet the growing management requirements of the business.

A drop in the quality of work and personal attention resulting in unhappy clients can be the consequence of a founder taking on too many roles outside their comfort zone.

The need to hire more staff to meet escalating demand is another time-consuming distraction and if done in a hurry can bring in the wrong people who quickly pollute the morale and lead to a merry-go-round of departures and new hires that won’t stick around.

Joining the fold of the right integrated marketing and communications agency can remove many of the growing pains for a small agency while still allowing sufficient autonomy to retain the enthusiasm of the start-up culture and the vital ingredients of their market success.

The larger agency absorbs the growing management, HR and finance functions and offers expert business advice while allowing management and key talent within the business to get back to what they do best.

The multi-disciplinary team created when several agencies combine under the one roof offers a new stream of business and in-house suppliers as well as providing a broader solution for clients.

Many clients appreciate having a one-stop shop for their marketing and communications agencies over the stress and time-consuming alternative of managing several agencies and trying to keep them all on track with a unified brand message.

Having access to a plethora of industry leaders and innovators in related agencies allows each division to tap into their expertise and experience and brainstorm together for integrated campaigns.

Staff often welcome the new opportunities for career development and training within the larger integrated network and more opportunities to boost their skill set.

Of course, choosing the right partner is imperative for a happy marriage.

While some companies might swallow their acquisitions whole, destroying their creative flair and leading to an exit of their top talent, the right agency acquisition or partnership will allow more autonomy in a collaborative environment which enables the business to preserve its start-up culture and retain its key innovators.

At Bastion Collective, our strategy is to acquire agencies to create a network of independent specialists with the focus on providing the streamlined integrated solution that clients are seeking.

Bastion Collective takes a shareholding in businesses that want a partner to help with growth and are looking to be part of a wider network.

While acquired agencies retain their CEO, Bastion Collective brings its financial, strategic and HR expertise, as well as new business opportunities with the stable of top brands among its clients.

The company now more than 180 staff in its combined agencies at offices in Melbourne, Sydney and Los Angeles.  Combined with a fully integrated sister agency of 100 people in Shanghai.

Together they offer creative, strategy, public relations, activation, digital, social, content, sponsorship, promotion, events, reputation management, media training, market research, government relations and Chinese market advisory services.

All integrated across regions.

Bastion’s impressive growth and flourishing individual agencies are a testimony to the possibilities that open up when a team of related marketing and communications agencies join forces.




Please login with linkedin to comment

Acquisition bastion collective growing pains

Latest News

Revium Snags Peter Bauld From Deloitte Digital
  • Advertising

Revium Snags Peter Bauld From Deloitte Digital

Revium, a leading full-service digital and AI consultancy, has announced the appointment of Peter Bauld (lead image) as Executive General Manager. Revium is a full-service digital and AI consultancy with over 20 years of experience creating engaging digital experiences for leading organisations and their customers. Bauld joins Revium after an illustrious career spanning over two […]

Veridooh Snatches Prashand Menon From ScentreGroup
  • Advertising

Veridooh Snatches Prashand Menon From ScentreGroup

Out-of-home OOH) and digital media leader Prashand Menon (lead image) has joined OOH ad tech company Veridooh as group business director within NSW and QLD. Menon joins Veridooh from his most recent role as ScentreGroup’s group business director and brings with him more than 10 years of experience in Australian media. Previously, he held positions […]

Kat & Co Transforms Into THE WORLD OF Experiential Agency
  • Advertising

Kat & Co Transforms Into THE WORLD OF Experiential Agency

After more than twelve years of producing experiences for some of the world’s most innovative brands, including Hermes, Van Cleef & Arpels, Louis Vuitton, and Tiffany & Co, Kat & Co has quietly metamorphosed into THE WORLD OF. THE WORLD OF is an experiential agency at the juncture of culture, technology and the human condition. […]

SMG Studio Launches Risk: Global Domination X Dune Part Two
  • Campaigns

SMG Studio Launches Risk: Global Domination X Dune Part Two

Through a licensing agreement with Legendary Entertainment, SMG Studio inked the rights to adapt Dune: Part Two into a game based on Risk: Global Domination, Hasbro’s interactive board game. Inspired by Denis Villeneuve’s cinematic masterpiece, Dune: Part Two, this new digital adaptation, RISK: Global Domination X Dune: Part Two, is poised to captivate players from […]

QMS: Taylor Swift, Lunar New Year & Mardi Gras Were Boon For OOH Market
  • Marketing

QMS: Taylor Swift, Lunar New Year & Mardi Gras Were Boon For OOH Market

Taylor Swift, Lunar New Year and the Sydney Gay and Lesbian Mardi Gras Festival have had a dramatic impact on the number of people moving in and around Sydney over the past month, drawing big crowds into the heart of the city and its surrounding suburbs. New data from digital outdoor company QMS reveals a […]