Clearwater Corporate Finance announces international merger
ADVISORY firm Clearwater Corporate Finance has merged with two European dealmaking businesses.
Clearwater, which has a large Birmingham operation, has joined forces with Danish firm Advizer and IMAP Lynx, which is based in Spain and Portugal.
The merged business has changed its name to Clearwater International.
At the same time an agreement for a strategic alliance has been reached with China-based investment bank InterChina, with a view to capitalising on M&A opportunities in Asia.
Clearwater says the new partnership will create an independent advisory firm that will provide clients with greater access to international M&A and financing solutions and strengthen expertise in core sectors.
The merged company will have its headquarters in London, with a further 12 offices, 35 partners and 150 staff across Europe and Asia. The firm’s other UK offices will remain in Birmingham, Manchester and Nottingham.
The focus for the organisation will be on providing corporate finance advice on mid-market transactions, including M&A, private equity, debt advisory and restructuring services.
Nine integrated international sector teams will provide in-depth knowledge and industry experience to every project. Sector teams include automotive, consumer, financial services, food and beverage, healthcare, industrials and chemicals, real estate, support services and TMT.
Clearwater International will continue to be a member of IMAP, the global M&A network which can provide cross-border expertise where Clearwater International does not have coverage.
Mike Reeves, CEO of Clearwater International, said: “Our clients are increasingly looking for international solutions for their M&A and funding needs. This merger represents a major step ind elivering a highly differentiated service.
“We will increase the footprint of Clearwater International over the coming months and years to create the leading independent mid-market corporate firm operating globally through one integrated business.”
Phil Burns, UK managing partner, said: “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.”
