May 11th, 2021: Selbey Anderson, the fast-growth marketing network, has reported record sales in Q1 2021, fuelled by organic and acquisitive growth.
Net revenues totalled £2.75m and the network’s agencies delivered a budget-busting 30% EBIT. Selbey Anderson is forecasting revenues over £15m in 2021 indicating it anticipates achieving 36% growth across the remaining three quarters of the year.
Dom Hawes, CEO of Selbey Anderson, said: “We’ve certainly had a great start to the year with our existing agencies contributing solid organic growth. We completed the acquisition of LAW Creative just before Christmas last year and IGNIFI at the beginning of March this year. Both agencies are seriously top-drawer and are integrating well.
“Forecasts for the second quarter are also strong. We’re expecting our underlying profitability to be on par with Q1 but we’re not planning to complete any more acquisitions now until Q3 and Q4. But, the second half of the year’s going to be big for us. We’ve got a very healthy M&A pipeline and we’re targeting six transactions in the final six months of 2021 including at least one addition in the USA.”
Selbey Anderson commenced trading at the beginning of 2019 and made debut appearances in both B2B Marketing‘s Top 50 and PR Week’s Top 100 agencies this year. With a headcount of 125 and solid growth driving recruitment, Selbey Anderson is well-poised to support brands looking to rebound from Covid.
Hawes added: “We’re very focused on helping our clients bounce back as quickly as possible. This really is a case of fortune favouring the brave and those brands that act now can make gains while their competition snoozes.”
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For more information contact:
Dom Hawes, CEO
Note to Editors
Established in 2018, Selbey Anderson is backed by significant private investment. It acquired Greentarget, Flagship Consulting and Orckid in 2019 and The Creative Engine, Unity and BURN Marketing in 2020. It has also founded Sharper B2B Marketing, Incubai and Drum Horse, a shared services company that provides outsourced back office functions to the group.
Dom has spent nearly thirty years as a marketer. He started his marketing career in creative communications agencies before starting a business which he built from the ground up, exiting in 2009. He then consulted to tech and service companies before putting Selbey Anderson on the launch pad. Today, he leads development of the group strategy, M&A and performance.