Financial Appointments: Grant Thornton appoints and more
A round-up of the region’s financial appointments.
GRANT Thornton has appointed Jonathan Steed as a director in its Transaction Advisory Services practice in Leeds.
He will be responsible for delivering financial due diligence assignments on private equity and other leveraged transactions as well as developing the firm’s wider offering to the private equity community in the North.
Mr Steed joins Grant Thornton from Barclays Leveraged Finance where he was responsible for providing debt funding to support private equity transactions.
He previously worked for ‘Big Four’ transaction services teams in Leeds and London for more than ten years, leading complex due diligence assignments for private equity and corporate clients across a wide range of industry sectors.
Mr Steed said: “I am delighted to be joining Grant Thornton. It’s a progressive firm with a real commitment to client service. I look forward to providing clients with commercial, pragmatic and insightful due diligence which will focus on key deal issues and value drivers.
“Due diligence is more important than ever to equity and debt providers given the current market conditions. I’m looking forward to fully utilising my banking and transaction services experience to deliver robust, value-added opinions and first-class client service.”
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LEEDS-BASED accountancy and business advisory firm Kirk Newsholme is has announced the appointment of Neill Rayland as an audit partner.
Mr Rayland joins Kirk Newsholme from the Leeds office of BDO Stoy Hayward where he was an audit partner for three years.
Having worked with a wide range of businesses for over 25 years, he has extensive experience of working with owner managed and family businesses.
He has particularly worked closely with companies in the manufacturing and property sectors.
Graham Kirk, managing director of Kirk Newsholme, said: “We are delighted that Neill has joined our firm and I am very confident that he will play a valuable role in our ongoing success”.
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THE Royal Bank of Scotland (“RBS”) has appointed Marc Shirman as director of its Structured Debt Solutions (SDS) operation in Yorkshire and the North East.
In his new role Mr Shirman will lead a lead a six-strong team based across Yorkshire and the North East that specialises in providing bespoke funding solutions to support leveraged finance transactions such as acquisitions, management buyouts and management buy-ins.
The team will provide debt packages up to £10m to SME businesses across the region that typically have a turnover of between £1m and £25m.
Mr Wirman joins from the North West where he was Director of the SDS.
He started his career at KPMG where he trained in audit and then moved on to Baker Tilly where he worked in Corporate Recovery and Corporate Finance.
