LONDON — Selbey Anderson has secured £10m in funding from investment firm Triple Point to use for agency acquisitions.

Under the deal, the marketing group will initially have access to £5.5m to pay off its March purchase of branding firm Digital Radish and another acquisition in the works. Triple Point will release the rest of the money, £4.5m, as new acquisition deals progress.

Established in 2018, Selbey Anderson has acquired 10 marketing agencies to date, ranging from PR and communications specialists to advertising and B2B marketing organisations.

Selbey Anderson was established in 2018 by PR industry veterans Simon Quarendon — a former secretary general of ICCO — and Dominic Hawes.

Since its foundation, the group has bought PR agencies Unity, Flagship Consulting and Greentarget and digital agency Orckid, as well as founding B2B marketing agency Sharper and marketing business service provider Drum Horse.