December 2 2019 @ 9:01 by Steven Hugill
A corporate finance advisory firm expects to create further jobs after expanding its team to build on a strong half-year performance.
RG Corporate Finance has welcomed corporate finance manager Connor McBride.
Connor’s arrival at the Newcastle-based firm follows that of corporate finance assistant Ben Kain, and bosses say they aim to make further appointments in the coming months.
The growth plan comes after the company was recognised as a top three North East corporate finance advisor in the latest Experian MarketIQ League Tables, based on volume of deals completed.
In the first nine months of the 2019 calendar year, the firm advised on a variety of transactions that included the £20.1 million sale of Newcastle-based tenant referencing and insurance services provider Van Mildert to listed property portal Rightmove Plc.
Elsewhere, it advised on the sale of independent steel stockholder and processor Pulman Steel, which was bought by private equity firm Breal Capital.
The business also supported a number of management buyouts, which included a deal for Washington-based engineering company GadCap Technical Solutions Ltd.
Carl Swansbury (pictured far left), partner and head of corporate finance, said the firm is on a strong footing and reiterated its plans for future recruitment.
He said: “The strong performance we have delivered in 2019 year-to-date is part of a continued growth trajectory.
“Despite the uncertainty in the economy, caused by factors such as Brexit, along with certain tax driven changes, such as IR35, we continue to be engaged to advise on a number of interesting, sizeable transactions, while helping our clients secure the debt and equity funding they require to grow and develop their businesses.
“I am delighted to welcome Connor and Ben, and I am confident they will be followed by further new additions in the coming months as we continue to increase the volume and complexity of the transactions we advise on.”