
What decides whether a sale is a good one
The headline multiple is the number founders remember. It is rarely the number that decided whether the deal worked.
Deal news, sector updates and transaction trends from the Milestone team.

The headline multiple is the number founders remember. It is rarely the number that decided whether the deal worked.

Publicis’ proposed acquisition of LiveRamp is not just another large holding company deal.

Over the last 18 months we have spoken with more than 40 social, influencer and creator-led agencies across the UK, Europe, the US and Asia.

As part of our 4-part M&A series this year, John Haggis, Founder and Partner at Kepler Wolf and Miles Welch, founder at Milestone, covered the topic of how to build…

Milestone Advisory has acted as corporate finance adviser to Bright Innovation on its strategic move to join Talan in the UK.

Award-winning eCommerce SEO agency Re:signal has acquired digital PR specialist Root Digital, in a move designed to give eCommerce and consumer brands a stronger edge in…

Milestone Advisory has acted as the corporate finance adviser to Benchmark Group on the sale of NSE (National Student Esports) to Esports Global Fund LP, in a…

Milestone Advisory acted as strategic adviser to Bohr Limited, a leader in specialist gas technologies, on a growth equity investment from Hartree Partners.

August 2025 marks a pivotal week in marketing M&A. Omnicom’s much-anticipated merger with Interpublic Group cleared UK regulatory hurdles, forging what will likely be…

Client Reactions and Market IntegrationTrends

Influencer marketing has matured beyond simple sponsorships. Brands demand precision, accountability, and integration into wider media strategies. Publicis Groupe’s May…

How are buyers filtering genuine AI value from noise?

Economic uncertainty is the new normal for businesses with inflation, evolving client expectations, and rapid technological disruption, agency leaders are finding that…

Breaking news: we are delighted to announce that Milestone advised on the sale of Yodel Mobile - App Marketing Agency of the Year to NP Digital .

Artificial Intelligence (AI) is no longer a futuristic concept for marketing agencies; it is the present-day reality reshaping how agencies operate, compete, and create…

From an AI-driven creativity crisis, the new junk food ad ban to a possible Omnicom/Interpublic merger, 2024 has been nothing if not challenging. As the year draws to a…

Discover how AI tools can streamline agency operations, improve resource management, and optimise financial planning. Watch the webinar recording for actionable insights.

The rise and rise of AI has almost everyone asking how it can best be used to help optimise business and ways of working. In this, our second article on how AI can aid…

Milestone Advisory joined SoDA and the creative community to discuss and explore how AI can drive transformation across every facet of your agency. From audience…

Explore the first part of our series on how AI can revolutionize marketing and communications agencies. Unlock new opportunities and efficiencies today.

Milestone presents its latest insights at SXSW Sydney. Discover the key takeaways from this groundbreaking event and how it’s shaping the future.

Connective3 expands its creative capabilities with the acquisition of Powerhouse Studios. Discover how this strategic move enhances their content offerings and drives…

Discover how Connective3’s founder is shaping the future of design and tech with a strategic investment in a Birmingham studio. Explore the details of this exciting…

Incubeta strengthens its search capabilities with the acquisition of Shout Bravo. Find out how this move enhances their total search offering.

Havas is making waves in the industry. Learn why it’s the agency to watch in 2024 and how its innovative strategies are setting new standards.

Is Publicis Groupe driving the future of retail media? Dive into their strategies and discover how they’re leading the charge in this revolutionary space.

Join the global conversation at the Soda Digital Society Summit in Copenhagen. Explore cutting-edge trends and innovations in the digital world.
We are proud to welcome our new partner Paul Kingsley to the Milestone Advisory team.
We welcome Martin D. Adams to Milestone Advisory.

The Milestone Advisory and Madison Alley Global Ventures team are excited to be joining SoDA: The Digital Society community at the SoDA Global Summit in Copenhagen this…

Preparing an agency for sale is a multifaceted process that requires meticulous planning and execution. The goal is to maximise the valuation of your agency and ensure a…

In our previous article, we looked at a few interesting tips from the world of the Olympics that will help any marketing agency prepare itself for a successful sale.…

In the whirlwind of martech and AI innovation, standing out isn’t just about having ground-breaking technology anymore. It’s about how you position your firm in a…

The Milestone Advisory team is growing! We are thrilled to announce the addition of a new Partner to our corporate finance team, who will be spearheading the expansion…

You’ve decided to sell. You’ve nailed down the financials – now what?

You’ve taken the decision to sell. Now, the hard work really begins to present it as saleable.

This webinar was designed for marketing agency owners seeking to navigate the changing economic landscape. Miles Welch and Simon Latache discuss the challenges and…
Simon Latarche has joined Miles Welch at Milestone Advisory as a Partner, focusing on growth advisory, M&A, and capital raising in the tech, media, and marketing space.

Acquiring another agency is no quick and easy decision, says Miles Welch. It involves weighing up a lot of different considerations.

Mergers and acquisitions might well be part and parcel of business life, but that doesn’t mean they’re not fraught with unnecessary complexity. According to M&A lawyer,…

So, what’s the solution? In part two of our discussion – Aliya Vigor-Robertson, founding partner at consultancy JourneyHR and I debated the retention side of the…

We invited Ali Wallace, a specialist headhunter, and founder DNA Recruit to lend his thoughts. He was in no doubt of the scale of the problem organisations face.

Congratulations to The PHA Group and Red Hot Penny on this exciting new chapter. The team at Milestone Advisory are delighted to have been part of this journey and would…

As your business grows, your people, customers, and competitors multiply, and managing the day-to-day business consumes much of your time, becoming agile or retaining…

Planning your business exit? Learn expert strategies to retain your top talent and ensure a smooth transition. Explore key insights on talent management during the exit…

A relentless pursuit for top line growth, often cited as ‘vanity’ over ‘sanity’ can ignore a key business requirement, profit, a much-needed resource for a growing…

With the right formula in place, agencies can grow at an astonishingly fast pace. Take Jungle Creations and Byte, both among the fastest-growing companies in Europe,…
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Insights, sector updates and transaction trends, straight to your inbox.
Three kinds of story sit below. The first is the transactions we have advised on: Bright Innovation's strategic combination with Talan UK, the sale of Yodel Mobile to NP Digital, Re:signal's acquisition of Root Digital, Benchmark Group's sale of NSE to Esports Global Fund, and Bohr's growth investment from Hartree Partners. The second is the wider market we read, from Publicis's proposed acquisition of LiveRamp to the Omnicom and Interpublic merger clearing its regulatory hurdles, because the deals you take no part in still shape what a buyer will pay for yours. The third is the work itself: preparing a business for sale, holding on to profit, keeping good people, and the webinars and events we take part in. Use the filters to move between M&A, growth, performance and events.
We work with founder-led businesses in marketing, technology and data across the United Kingdom, from our office in London. The buyer is often not British: Bright Innovation joined Talan, and Bohr took growth investment from Hartree Partners. That is worth knowing early, because the list of people who could buy your business is usually longer than the one you would write yourself. If you are weighing up your options, we would rather have the conversation early than be handed a process that has already started.
Our office is at 167-169 Great Portland Street, 5th Floor, London W1W 5PF.
If one of these announcements is close to your own position, the next question is usually what it would take to be the next one. If you are thinking about selling, Sell Your Business sets out how a partner-led process runs and why success is about more than the headline valuation. If you are on the other side of the table, Buy a Business covers strategy, reaching targets that are not openly for sale, and running the approach. If you need capital rather than an exit, start with Fundraising. If the honest answer is that the business is not ready yet, Growth Advisory is where that work happens. If you sell RevOps, CRM and marketing automation, outsourced sales development or B2B technology marketing, B2B Sales and Marketing is written for your market. If you want a view on your own position first, take the M&A Value Assessment.
Five announcements name Milestone as adviser: Bright Innovation's combination with Talan UK, the sale of Yodel Mobile to NP Digital, Re:signal's acquisition of Root Digital, Benchmark Group's sale of NSE, and Bohr's investment from Hartree Partners.
Founder-led businesses in marketing, technology and data. The transactions here include Bright Innovation, a marketing consultancy, Yodel Mobile, an app marketing agency, and Re:signal, an eCommerce SEO agency.
We are a London firm and we act for businesses across the United Kingdom, from our office at 167-169 Great Portland Street, W1W 5PF. A buyer can come from anywhere; the founder we act for is based here.
The transaction announcements here name the parties, not the price. If you want a view on value in your own market, that is a conversation rather than a page, and the M&A Value Assessment is the place to start.
Yes. Much of what we publish covers the years before a sale: profit, positioning, keeping good people and staying agile as the business grows. Growth Advisory is where that work sits.
Email angela@milestoneadvisory.co.uk, or take the M&A Value Assessment first, so the first call starts with your position rather than the basics.