Thirteen former Basham and Coyle Partnership clients have thrown in
their lot with John Coyle and Emma Kane’s new venture, Clerkenwell
The new company was formed this week when Coyle parted company with his
old partner Brian Basham.
Coyle claims that the company will start with around pounds 500,000
annually in retained business. He added that the new outfit was in talks
with other former clients and was confident of making further win
announcements in the next two weeks. Clients already signed up include
biotechnology company KS Biomedix, Barclays Stockbrockers and restaurant
Often referred to as the dynamic duo of the financial PR world, Basham
and Coyle have known each other for around 35 years and founded Broad
Street together in 1981. The split, which both Coyle and Basham
described as amicable, has resulted in the formation of Clerkenwell in
which Coyle and Kane are equal partners. Chris Skyrme and Alison
Cashmore, who were account directors at Basham and Coyle are associate
directors at the new operation.
Both Coyle and Basham agreed that it had been caused by strategic
differences of opinion. Coyle commented: ’We had different views over
the strategic direction the business should take.’ Basham said: ’We
think differently about how to run businesses.’
Basham played down the loss of clients: ’It is not terribly
significant,’ he said.