Karma Communications buys The Crayon Group

Karma Communications, the new group that owns Karmarama, has acquired The Crayon Group for an undisclosed sum.

Justin Hicklin, Mark Runacus, Matthew Brown
Justin Hicklin, Mark Runacus, Matthew Brown

The deal is the first involving Karmarama since it received a tranche of funding in June last year from Phoenix Equity Partners in exchange for a significant stake.

Crayon, which was founded as Hicklin Slade & Partners in 1998, will join Karmarama in the newly created Karma Communications Group.

The Crayon Group comprises Crayon London, the digital marketing services agency; the data consultancy Crayon CCI; the software provider ZigZag; and the market research agency Walk a Mile. It has 140 staff and its clients include BT, Camelot, Honda, the BBC and Lloyds Banking Group.

Its principal shareholders – the senior partners Matthew Brown, Justin Hicklin and Mark Runacus – will sit on the board of Karma Communications and, along with the Karmarama partners, take a collective stake in the new group of more than 50 per cent.

The group, which also includes the TV production arm Kream and the PR agency Kaper, is holding talks with other agency targets in a bid to expand and plans to house all the agencies together in new premises later this year.

Hicklin said: "One of the challenges we have faced is finding the best way of accessing capital to continue in investing in our growth. By becoming a key component of Karma Communications, I am confident that the opportunities which will arise for our people and clients alike are substantial."

Topics

Become a member of Campaign from just £46 a quarter

Get the very latest news and insight from Campaign with unrestricted access to campaignlive.co.uk ,plus get exclusive discounts to Campaign events

Become a member

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now

Partner content

Share

1 Job description: Digital marketing executive

Digital marketing executives oversee the online marketing strategy for their organisation. They plan and execute digital (including email) marketing campaigns and design, maintain and supply content for the organisation's website(s).