New partner promotion at Grant Thornton

Accountancy giant Grant Thornton has promoted 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.

He 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.”