Clearwater goes international with dual merger
CORPORATE finance practice Clearwater has unveiled a double merger and a rebrand to further boost its international capabilities.
From today the firm has become Clearwater International following the merger with Danish firm Advizer, and IMAP Lynx based in Spain and Portugal.
In addition, in a move to capitalise on potential opportunities in the Far East, a strategic partnership with Chinese investment bank InterChina.
The enlarged organisation now has its headquarters in London, with 12 offices, 35 partners and 150 staff across Europe and Asia.
Manchester-based Mike Reeves, Clearwater’s chief executive and one of the founders of the firm, said: “We see these first mergers as just the start of building Clearwater International, we are really excited about it.
“Our clients are increasingly looking for international solutions for their M&A and funding needs. This merger represents a major step in delivering this.”
The creation of Clearwater International aims to create an independent advisory firm to provide clients with greater access to international M&A and financing solutions, and strengthen expertise in core sectors.
The inaugural merger partners are firms already know to Clearwater’s team through the IMAP network.
Mr Reeves said: “We share the same culture, ambition and vision for growth. The merger is a natural extension of what we have been doing with them through the network.
He said Clearwater International would look to find partners in other European countries and the US in the coming months.
Clearwater International will continue to be a member of IMAP, the global M&A network, to provide cross border expertise where Clearwater International does not have coverage.
Phil Burns, UK Managing Partner, added: “This merger provides us with the capacity to deepen our sector focus in a truly integrated way. This will open up considerable opportunity for the businesses we work with and enable us to deliver excellent client outcomes.”
