Deeside-based IT support firm Pro-Networks has become an Employee-Owned Trust (EOT), meaning that all staff have shares held on their behalf by the EOT.
The move follows the retirement of founder and former MD Paul Crudge who handed over the business he built up over 20 years to all employee within the trust.
This ownership model was first introduced by the Government in 2014.
A new board has also been formed, including incoming CEO Geoff Coote (pictured) and two non-executive directors, Ian Traynor and Stephen Blank.
An Employee Advisory Council (EAC) will consist a number of employees, including a Chair and a representative of each department.
"Our focus will be more aligned with the employee-customer relationship, which is in our combined interests," stated Coote.
Pro-Networks has 350 customers worldwide.