Epiphany acquired by Jaywing in £18m deal
Epiphany, the Leeds and London based search marketing agency, has been acquired by Jaywing in a deal worth around £18m.
The agency has been acquired to strengthen Jaywing’s digital services offering, with £11m being paid in cash, alongside a deferred payment of £1m and an earn-out consideration of up to £6m, paid over two instalments over the coming two years, depending on the agency’s performance.
Founders Rob Shaw, Robin Skidmore and Shane Quigley will remain with the agency, with Shaw continuing to head it up as group CEO and Skidmore focusing on its social public relations offer, Shackleton. Meanwhile Quigley Read full story ›
Source: The Drum
