Prism Facilitate Sale of Digital Marketing Specialists
We are pleased to announce that the Prism team have facilitated the sale of Xanthos Limited, a digital marketing agency, to Milbank Group.
Xanthos is a results-driven digital marketing agency providing a wide variety of services including SEO, PPC management, email marketing, web design and e-commerce solutions. They specialise in creating digital marketing strategies and plans for SMES that generate measurable results and increase profits. Xanthos is based in Ely, Cambridgeshire, and was founded in 2002 by Olga Travlos.
Traditionally, the name Milbank is synonymous with precast concrete products. However, the Group’s diverse range of businesses also now provide crane hire, safety products, agricultural storage, bio stimulants and specialist clothing. With aligned values, the addition of Xanthos to the Group brings with it great benefits and opportunities for both businesses.
Olga Travlos, founder and Managing Director of Xanthos says, “Xanthos has grown strongly in 2020 and 2021 through our focus on delivering results for customers in e-commerce and digital marketing. Joining the Milbank Group will help expand the company to continue to provide outstanding results for customers.”
David McCormick, Group Sales & Marketing Director of Milbank Group says, “I’m delighted we’ve been able to acquire this successful business at such an opportune time in the digital sector. There is enormous potential for growth and development, both organic and through the Milbank Group, and I look forward therefore to an exciting future, building upon the solid foundations laid by Olga and her team.”
Prism is an award-winning corporate finance and broking boutique that specialises in buying and selling technology businesses. The Prism team brokered the deal between Xanthos and Milbank Group, supporting them throughout the entire process.
Peter Watson, Managing Director of Prism, says “We have known Olga and Xanthos for a number of years. During this time we have seen her substantially grow the business and I’m delighted that we were able to help her achieve a successful exit.”
See more of our completed deals at www.prismcorporatebroking.com/completed-deals