Record year for Nottingham corporate finance house

Corporate finance house Clearwater International, which has an office in Nottingham, says it has posted record revenues over the last 12 months.

Clearwater, which is based on the Ropewalk in Nottingham, has turned over €80m in the past year – growth of over 180%, with strong performance seen across all regions in private equity, debt advisory and sell side activity.

Over the past year Clearwater advised on a record-breaking 107 transactions worth over €7bn, taking our overall tally of deals over the last decade to more than 1300. It has since completed a further 15 transactions in the last three months with a deal value of over €1.5bn.

Last year more than half of Clearwater’s transactions involved private equity, working with 49 firms across Europe and beyond, while a third of deals involved debt advisory, advising on more debt transactions than ever before, with 61% of debt coming from specialist debt funds.

A statement from the firm read: “Despite the past twelve months having highlighted the unpredictability of markets across the world, Clearwater remains confident that its depth of knowledge, international reach, experience and expertise enables it to help clients navigate through this uncertainty.

“Clearwater’s success, of course, would not have been possible without the trust of its clients and the energy and commitment of the 200 strong team which the business continues to invest in as it extends its global reach. Recent appointments include Andrew Higginson as UK chairman, Heinrich Kerstien as managing partner in Germany, and Laurence de Rosamel as head of debt advisory in France.

“As the business continues to grow, Clearwater will continue to track the success of its clients, sharing with them further exciting opportunities and supporting them in their ambitions.”