Jones Knowles Ritchie

Design-led creative company

Sector

  • Specialist Services

Region

  • London

Date of investment

  • June 2019

Contributing Sustainable Development Goals

Partnering with GCP has been transformative for JKR. They understood our business and our ambition from day one, and their support has helped us expand into new markets and invest in the brilliant people who make this agency what it is. This next chapter is a testament to the hard work of the whole JKR team, and we’re grateful for GCP’s partnership in helping us get here as we continue to build the branding business of the future, while safeguarding the distinct identity that has defined JKR since it was founded

James Nixon,

Global CEO of JKR

Background

JKR is one of the world’s most renowned branding and design agencies. Founded in 1990, it is now over 300 strong with offices in London, New York and Shanghai.

JKR designs brands for scale, disruption and good. Since its inception, it has partnered with global leaders including AB InBev, Kraft Heinz, and Mars Inc through to category disruptors including Hippeas, Ugly and The Gut Stuff. It delivers the very highest quality of creative work and strategic thinking to its clients around the world and is a highly valued partner with deeply embedded C-suite relationships.

JKR is consistently recognised at leading industry awards, including Most Awarded Design Group at D&AD and Studio of the Year at Dieline, and it was also awarded a highly prestigious Gold Cannes Lion in 2021 for its global rebrand of Burger King.

GCP partnered with Guy Lambert (Global CEO), Tosh Hall (Chief Creative Officer) and their team, to allow JKR’s founders to leave the business and for the business to remain proudly independent. GCP has taken a minority stake in JKR; the majority of the equity and control of the Board remains with JKR’s team. With GCP’s support the leadership team have the freedom to continue growing the business whilst maintaining its special culture and focus on creative quality.

Our investment partnership

The increased importance of brand at the board level is shifting the focus, and budgets, towards strategic design agencies to drive real benefits for clients, particularly to agencies with the ability to create distinct visual communications.

JKR is led by an outstanding Global CEO and Chief Creative Officer, with exceptional teams at each office, and has a unique approach and empowering culture. It has a strong track record of growth with both existing and new clients, expanding geographically and developing new capabilities and is well set to continue to thrive.

Strategic support through our Growth Toolkit

Since our investment we have closely supported the team in achieving numerous strategic growth initiatives, in line with our Growth Toolkit and Network:

Strategic Clarity

Business Shape
  • Strategy
    • Refinement of JKR’s long term strategic plan and articulation of its distinct proposition and position in the market
    • Focused new business efforts to expand credibility into new sectors including Financial Servcies, Technology, Healthcare, Media & Entertainment
  • International Expansion
    • Supported the expansion into the US, which has become a key growth market
Proposition
  • Product Strategy
    • Capability expansion including UI/UX, Motion and 3D/CGI

Accelerating Growth

Commercial
  • Sales/GTM
    • Reset of the sales structure; launched a new website; investment in studio management software
  • Pricing/Revenue Model
    • Our flexible funding approach allows for a low level of debt and so the best possible platform for growth

People & Organisation

Leadership
  • Senior Team
    • Investment in Creative Talent – including most recently three Group Creative Directors in New York
    • Successful transition of CEO the three key leaders (CEO, Chief Creative Officer and Chief Growth Officer) are now all located in the US
    • Appointment of a new Chair
Talent & Culture
  • People Function
    • Development of wider team remuneration and equity incentives
  • Recruitment Engine
    • Recruitment of JKR’s first Global Chief Talent Officer, an enlarged recruitment team, an MD in New York and CEO China
  • L&D
    • Investment in DEI training, L&D and
    • Ongoing investment in world class talent through the business
  • Academy
    • Investment in the JKR Spark academy programme

Delivering the Best Outcome

  • High-Quality Delivery
    • Introducing Board level contacts with potential new clients