Saturday, June 6, 2020

Partner promotion boosts Grant Thornton’s Midlands’ team

Business and financial adviser Grant Thornton has boosted its Midlands team with the promotion of Alex Hyde to partner. 

A financial due diligence specialist in the firm’s regional Transaction Advisory Services team, Hyde is supported in the East Midlands by a team led by Director Paul Kithoray.

Hyde has headed up Grant Thornton’s Transaction Advisory Services team in the Midlands since moving from London in 2010. The team now has fifteen full-time financial due diligence specialists with additional support from the transaction tax team in Birmingham and its growth has contributed to Grant Thornton topping the 2017 Experian MarketIQ league table of financial advisers by volume of deals nationally.

Over the last eight years Hyde has advised on numerous high-profile local transactions including vendor due diligence on the £280m acquisition of Kee Safety by Investcorp; the acquisitions of Wick Hill and Zycko by Nuvias, the high value distribution business being built by Rigby Private Equity; the MBO of Creative Video Productions; Avingtrans plc’s acquisition of Hayward Tyler plc; Connection Capital’s investment in Clamason; Palatine’s investment in TTC and the AIM IPOs of Purplebricks and Patisserie Valerie.  

Hyde said: “In the first half of 2018 we have seen good levels of deal flow, with a healthy mix of work for corporate acquirers, private equity investors, banks, vendors and IPO aspirants across a wide range of sectors.

“The pipeline for the second half of the year also looks strong and whilst there are some Brexit-shaped clouds on the horizon, the quality of businesses and management teams across the Midlands plus the fundamental strategic growth drivers for mid-market businesses should enable this trend to continue.”

Chris Frostwick, practice leader at Grant Thornton’s East Midlands regional office in Leicester added: “Alex is very well- respected in his field of expertise locally and his promotion to partner is richly-deserved.

“Given the vibrancy of the regional economy, the quality of our Transaction Advisory Service team and our brand recognition, we are well placed to continue and build on our work with clients across the Midlands who have clear and determined ambitions to grow. Alex in the West and Paul in the East will play an increasing role in helping them do just that.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 lockdown having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.






Latest news

Union hits out at East Midlands aerospace parts firm as 420 redundancies planned

Aerospace parts firm SPS Technologies "must not exploit the lockdown" to slash jobs and terms and conditions at its sites in Nottingham, Leicester and...

Streets focus on job and employment schemes in latest business update

Streets Chartered Accountants provide details of changes to Coronavirus Job Retention Scheme including the introduction of flexible furlough in its latest business support update. As...

3 business tips for saving money during Coronavirus

Coronavirus has changed every business in the world. Whether you’ve been made to work remotely, put your staff on furlough, or redirected your resources into...

New ownership for Market Harborough ventilation, maintenance & hygiene company

System Hygienics, formerly the service arm of the Hotchkiss group - the largest duct manufacturer and installer in the UK – have new ownership,...

Construction of Kirkby’s new Leisure Destination takes a step closer

Plans to bring a new state-of-the-art leisure centre to Kirkby in Ashfield have taken another step forward. Ashfield District Council is seeking tenders from contractors...

Related news

Shared office spaces cautiously reopen

Many of the UK’s network of 5,000 shared office spaces are tentatively re-opening this month as more businesses return to the workplace as the...

Union hits out at East Midlands aerospace parts firm as 420 redundancies planned

Aerospace parts firm SPS Technologies "must not exploit the lockdown" to slash jobs and terms and conditions at its sites in Nottingham, Leicester and...

Streets focus on job and employment schemes in latest business update

Streets Chartered Accountants provide details of changes to Coronavirus Job Retention Scheme including the introduction of flexible furlough in its latest business support update. As...

3 business tips for saving money during Coronavirus

Coronavirus has changed every business in the world. Whether you’ve been made to work remotely, put your staff on furlough, or redirected your resources into...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close