Creative agency heads for £1m turnover target with acquisition
Wiltshire creative agency Milk & Tweed is set to break its £1m turnover target a year ahead of schedule after acquiring Brighton counterpart Huxley.
The Sussex agency, launched in 2015 by managing director Dom Huxley, specialises in website design and build.
Milk & Tweed also creates websites but also offers brand/logo design and digital marketing.
Creative Director Jake Jeffries said the buyout will boost both businesses by adding skills and experience.
“It’s really exciting for both us and Huxley,” he said. “It’s a really good fit from both the customers and businesses’ point of view, because we can now offer some of their customers our services such as digital marketing and we will be inheriting technical web skills that will add to our offer.
“Huxley also appeals to me because of its location, Brighton is a vibrant, affluent area that is close to London but also not too far from us.”
Milk & Tweed merged with Boson Media in 2021 and set a target of £1 m turnover within three years.
“It’s crazy that we are looking at doing it in just two years,” said Jeffries. “We are coming off the back of a record breaking month and our best ever quarter so it’s a really good time to be doing this.
“There’s a lot of competition in the Brighton area but we hold our own in a very strong marketplace around Bristol and Bath. We have really talented people at both offices and the acquisition offers a lot of opportunity for development with staff being able to work in Chippenham or Brighton.”
Milk & Tweed, which is on course for a £750,000 turnover this year, has 15 staff while Huxley, which is expecting a turnover of £340,000, has four full-time staff at its studio just a short walk from Brighton’s famous Lanes.
Huxley is awaiting confirmation of its B Corp certification, which is a hallmark of high standards of social and environmental performance, transparency and accountability.
Huxley will stay on with the business working in a consultant role.