Digital marketing firm Ebow sells majority stake to finance expansion plans

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Irish firm has retained a broker to identify potential acquisition and merger candidates, says founder

Ebow founder David Douglas: he said a seven-figure investment will finance a doubling of the marketing agency's headcount from 30

Ebow – founded by Irishman David Douglas in Dublin and counting the HSE, Trinity College Dublin and Kerrygold among its clients – will have access Prosper²'s network of member businesses and provide its services to them as part of the deal. Ebow, which employs around 30 people in Dublin and has a presence in the US, will use the investment to double its headcount and open new offices in Dublin and Manchester, he said. “Currently Ebow would have an annual turnover of €3 million to €4 million. We want to get that up to the €20 and €30 million mark within the next five years.”

 

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