Record first half for corporate finance firm

Corporate finance firm Clearwater International, which has offices in Birmingham and Nottingham, has revealed record UK results for the first half of the financial year to September.

The firm advised on 24 deals with a total value of more than £2bn during the period. This doubles the total deal value it experienced during the financial half year ending September 2021.

These included: advising Nottingham IT managed services provider Littlefish on its investment from Bowmark Capital; the sale of multi-utility services specialist OCU Group to Triton Partners; raising debt facilities for holiday cottage rental agency Sykes, to support the acquisition of Forest Holidays; and advising on the sale of the Leicester-based testing, inspection and geoengineering consulting services provider CTS Group, from Palatine to Oakley Capital.

The period also saw Clearwater appoint Sarah Taylor as head of Midlands.

Clearwater International’s UK CEO, Mark Taylor, said: “Our strong start to the financial year provides us with confidence to continue investing in high-class talent within our sector. Specifically, we have strong ambitions to bolster our client offering within London, with an imminent move to larger premises to support this and to be undertaken in 2023.

“The team has carried on the strong momentum from the previous financial year with the completion of a variety of significant transactions. This success is a result of effective collaboration and hard work.

“Clearwater International’s consistently robust results, both in the UK and internationally, are testament to our ability to unlock opportunities for our clients, by leveraging our deep sector knowledge and geographical coverage. Our current and potential clients will need and demand first class advice when considering their strategic ambitions, and we are extremely well placed to provide this.”