Grant Thornton strengthens Yorkshire Corporate Finance team after strong first half

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LBusiness consultancy Grant Thornton UK LLP has announced a new investment in its Yorkshire Corporate Finance team as part of strong commercial activity in the first half of 2021.

Recent deals include the sale of specialist home healthcare provider Routes Healthcare to mid-sized investor Palatine Private Equity in a secondary buyout, one of the most significant regional deals of 2021 to date. – the sale of East Yorkshire-based DAM steel manufacturer and installer. Structures at Severfield plc for up to £ 27million, LDC’s investment in preventive health specialist PAM and the acquisition of north-east-based fire and security company ABCA Systems by Trimountain Partners.

The team also advised the vendors of John Hill Associates, a Doncaster-based architectural building surveying and project management consultancy firm, on the sale of the business to Diskin Capital, a firm of investment founded by former Leeds Rhinos RLFC player Matt Diskin.

The team has now recruited two young dealmakers to join its ranks. Ben Brydges joined as an assistant manager of a Big Four company, where he spent three and a half years. Deputy Director James Boreman is also joining the team, having spent four years in the firm’s audit arm.

Led by partner Peter Terry, responsible for corporate finance in the North, the team also includes directors Jim Whittaker and Duncan Morpeth, supported by Simon Keppie and John Whitney, as well as specialist financial modeler Jake Troughear.

Jim Whittaker, said: “After an extended period of uncertainty in 2020 due to the pandemic and also Brexit, we have seen a buoyant trading market all year round.

“With confidence rebounding strongly, transaction activity continues unabated, particularly in select sectors including healthcare, technology, business support services and e-commerce. “

Director Duncan Morpeth added, “There are multiple factors driving high activity levels including the weight of private equity looking to find a home, an abundance of high quality businesses and entrepreneurial management teams looking for investments to drive the next phase of growth. in their businesses and also has capital gains tax increases later this year.

“It’s great to welcome James and Ben to our team as we deliver our strong H2 pipeline.”

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