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Birmingham Post
Birmingham Post
Business
Tom Pegden

Marketing agency sells for £8m – six years after it was launched with just £100

An entrepreneur has sold the marketing agency he launched six years ago for £8 million.

Luke Tobin set up Digital Ethos in Oadby, Leicestershire in 2016 with just £100 of investment, and in that short time has grown it to a 50-strong team.

He has now sold the business to Brazil-based digital marketing and tech specialist Cadastra, which has operations in 20 countries and a global workforce of 700 people.

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