Home Appointments & Contracts Strong half year performance results in new hires at RG Corporate Finance

Strong half year performance results in new hires at RG Corporate Finance

left to right, Carl Swansbury welcomes new members of RGCF, Ben Kain and Connor McBride

RG Corporate Finance has continued to expand its team to meet the growing demand for its specialist advisory services.

Joining the Newcastle-based firm is Corporate Finance Manager Connor McBride, who has relocated to the North East from Belfast, where he worked for PwC as a Senior Associate.

Connor follows another recent addition to RGCF, Corporate Finance Assistant Ben Kain who previously worked for Santander UK and Barclays.

The leading mid-market corporate finance advisory firm also plans to make further appointments within its team in the next few months as it increases its activity in the North East and across the UK.

Its latest recruitment drive follows a strong performance by the firm in the first half of 2019/20, which has been recognised in the most recent Experian MarketIQ League Tables ranking RGCF in the top three corporate finance advisors in the North East based on the volume of deals completed.

In the first nine months of the 2019 calendar year RGCF advised on a variety of transactions including the £20.1m sale of Newcastle-based tenant referencing and insurances services provider Van Mildert to listed property portal, Rightmove Plc, along with the sale of one of the largest independent steel stockholders and leading steel processing centres in the North, Pulman Steel, which was sold to private equity firm, Breal Capital.

RG Corporate Finance have also advised on a number of management buyouts, including the MBO of Washington-based engineering company, GadCap Technical Solutions Ltd, which was closely followed by the MBO of County-Durham based Alexander Technologies, both of which were funded by Shard Credit Partners.

The firm have also provided independent management advice to the management teams of Mobius Life, where Phoenix Equity Partners acquired a majority stake in the investment administration services company, along with the management team of rehabilitation specialist Blatchford, who secured significant private equity investment from CBPE.

Carl Swansbury, Head of Corporate Finance and Partner at RG Corporate Finance, said: “The strong performance we have delivered in 2019 year to date is part of a continued growth trajectory at RG Corporate Finance. 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, including acquisitions, disposals, MBOs and MBIs, whilst 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 to RGCF, 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.”