RSM Tenon boosts corporate finance team

RSM TENON has boosted its rapidly expanding corporate finance team in Birmingham with the appointment of two new senior executives.

The firm has recruited James Carnegie as associate director and Kerry Lane as senior manager to spearhead its transaction services offering.

The appointments come just weeks after the firm, the UK’s seventh largest accountancy and business advisory practice, recruited Steve Thornhill as director to head up the lead advisory team.

Mr Carnegie, 34, joins from Warwickshire-based heating and plumbing group Wolseley UK, where he was part of the in-house mergers and acquisitions team. Prior to this, he spent five years with Deloitte in Birmingham.

He said: “I very much wanted to go back into practice, using my skills and experience in transaction services combined with my client side exposure. I am excited to be part of the growing team at RSM Tenon.”

A financial due diligence expert, he is already working on three upcoming acquisitions – including a large international business in the process of looking at a target in the UK.

“There is more confidence around and people are helping our clients to identify exciting opportunities in the marketplace,” he added.

“Transactions are happening and we already have a strong pipeline of projects we will be working with over the next few months.”

Ms Lane, 36, had been working in Manchester with Grant Thornton and her relocation marks a return to the West Midlands.

She started her career in Birmingham with Arthur Andersen and subsequently joined RSM Robson Rhodes before moving to the United States with RSM McGladrey. She returned to the UK to work in Manchester before opting to return to Birmingham.

She brings specific experience in international transactions having spent two years advising in the US.

Julian Clough, Midlands head of transaction services at RSM Tenon, said: “James and Kerry are well known in the West Midlands and both have spent many years working in the Birmingham market. Our transaction services offering is based on straightforward advice delivered by highly experienced professionals. James and Kerry typify this approach and we believe their deep due diligence expertise coupled with hands on M&A and cross border experience is a compelling combination.”