Troika co-founders Conor McCaughan and Michael Duff have left the esteemed British company they constructed up over 15 years into one of many U.Ok.’s high expertise corporations.
Selection has confirmed McCaughan and Duff have departed the enterprise, which they co-founded in 2005 with Melanie Rockcliffe and grew into one of many nation’s main administration corporations for drama and comedy expertise. It’s believed the duo’s contracts will formally conclude on the finish of the 12 months, and it’s nonetheless unclear what their subsequent steps can be.
Collectively, McCaughan and Duff’s shopper rosters symbolize a few of the company’s — and certainly the British trade’s — high names, together with Jamie Dornan, Michael Fassbender, Paddy Considine, Ruth Wilson, Babou Ceesay, Peter Capaldi, Holliday Grainger, Michaela Coel, Jenna Coleman, Juno Temple, Matt Smith, Joe Dempsie, Keeley Hawes, Lena Headey and Daisy Haggard.
The brokers’ departure additionally comes amid a rebranding of Troika, Selection can reveal. This subsequent evolution of the enterprise will observe three years of M&A upheaval for the London-based company.
Troika merged with administration outfit James Grant Group (JGG) in 2017, although the corporations stored their model identities separate, and the manager staff of McCaughan, Duff and Rockcliffe stayed on to supervise Troika. JGG’s purchasers spanned leisure, music and sports activities, with a shopper checklist that included Steve Aoki, Ant McPartlin and Declan Donnelly, and Louis Tomlinson, serving to to diversify the merged enterprise.
In 2018, JGG was majority-acquired by personal fairness agency Trilantic Europe and rebranded as YMU Group. Collectively, the mega-agency’s divisions span London, New York, Washington and Manchester, and embody JGG, Deckstar, Furniss Lawton, Corridor or Nothing and Impression Sports activities Administration — all of which have operated underneath the YMU model since early 2019. The one a part of the enterprise that remained distinct was Troika.
Nevertheless, transferring ahead, Troika can be additional built-in into YMU, and is to rebrand as YMU Drama. The company will proceed to function with its remaining 5 administrators, which embody co-founder Rockcliffe, who counts Graham Norton and Matt Lucas amongst her purchasers. The company’s different high appearing expertise embody Richard Madden, Sonoya Mizuno, Elsa Pataky and Rodrigo Santoro.
YMU Group CEO Neil Rodford shared with Selection: “I can verify that two of the unique founders of Troika, Conor McCaughan and Michael Duff, can be leaving Troika/YMU Drama & Comedy on the finish of the 12 months to pursue new endeavours. I wish to specific our gratitude for all their arduous work and knowledge as we now have built-in this new division into our group. I additionally wish to place on report my because of Conor and Michael for leaving us with such a wealthy legacy and within the protected fingers of our firstclass, skilled staff.”
McCaughan shaped Troika after a stint at ICM, whereas Duff was a director at Lou Coulson Associates and Rockcliffe was head of Talkback Administration. They constructed Troika from the bottom up, with early purchasers together with Paddy Considine, Keeley Hawes, Lena Headey, Graham Norton and “Little Britain” duo Matt Lucas and David Walliams — all of whom proceed to be represented by Troika.
Saying the corporate again in 2005, the founders stated the enterprise was “born out of a shared perception that artist illustration within the U.Ok. will be revitalized to replicate the worldwide nature of the enterprise.” The staff has a loyal following amongst British expertise, a lot of whom have remained with Troika due to sturdy relationships with McCaughan and Duff.
In recent times, McCaughan has additionally moved into producing, organising DMC Movie with shopper Fassbender, and producing movies together with “Macbeth,” “Sluggish West” and the latest “Calm with Horses.” The enterprise struck a first-look movie manufacturing cope with New Republic Photos in 2019.
Tim Dams and Justin Kroll contributed to this report.