Cubitt Consulting has beaten Financial Dynamics in a two-way pitch
to the pounds 200,000 annual financial PR business for
Computing services giant ICL is spinning off KnowledgePool this
The float is expected at the same time as ICL is itself partially sold
off by parent Fujitsu.
KnowledgePool is ICL’s ’e-learning’ arm, selling on-line training and
development to large corporations. It has been tipped to raise up to
pounds 400 million. ICL retains FD for City PR and this relationship is
not in doubt.
Cubitt managing partner Simon Brocklebank-Fowler will head the
five-strong account team, reporting to the executive chairman of
KnowledgePool, David Wimpress.
Wimpress said: ’Sometimes when you contract out services, the head
person comes along and wows you and then you never see them again.
Cubitt brought the junior people to the pitch who would handle it on a
daily basis. They impressed us.’