Record first half for corporate finance firm

Global corporate finance firm Clearwater International, which has a base in Leeds, has revealed record UK results, for the first half of the financial year to September 2022.

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

The company’s Leeds-based staff moved into new offices earlier this year due to expansion and increased deal flow.

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.

“The team has carried on the strong momentum from the previous financial year with the completion of a variety of significant transactions.

“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.”

During the last six months, the business’s UK team advised on a number of notable transactions including:

• Advising IT managed services provider Littlefish on its investment from Bowmark Capital
• Delivering the sale of multi–utility services specialist OCU Group Limited, to Triton Partners
• Raising debt facilities for holiday cottage rental agency Sykes’, to support the acquisition of
Forest Holidays
• Advising on the sale of the testing, inspection and geoengineering consulting services provider CTS Group, from Palatine to Oakley Capital

The company notes its UK results have benefited from 18 months of strategic investment. During this period, the firm has launched a new division – Clearwater Growth, to satisfy the demand of fast–growing entrepreneur–led, owner–managed businesses.

And it has more than doubled the size of its Financial Modelling and Data Analytics team.