Bigmouthmedia, the online marketing agency, is reportedly close to a sale, with co-founder and CEO Steve Leach recently confirming that the company is in talks with a number of potential buyers and has been "receptive to offers".

Bigmouth, who hired finance house Ion Equity in the summer to advise on its options, has remained tight-lipped over a potential sale price, but analysts estimate that it could be between £50m and £60m. 

Leach co-founded Bigmouthmedia with Heather Luscombe in 1997, and it has since become one of the UK's leading online marketing agencies whose clients include Tesco, Hilton Hotels and Sony Ericsson. 

This year, the company is expected to generate profits of up to £4m on estimated revenue of £15m.