Accounting firm Old Mill has expanded its corporate finance team to further enhance its offering and support the company’s overall growth plans.

In November 2021, Old Mill announced plans to grow 15% per year over the next five years and double its workforce by 2026. With a team of just two – partner Mark Neath and consultant Kathryn Mansell – and growing demand from business owners, he said his Corporate Finance team was “one of the obvious areas for growth”.

The team began actively recruiting and in late 2021 welcomed Scott Hill to focus on helping owner-managed businesses looking to exit and into January. He also confirmed that Tom Downes has also joined to lead the financial modeling and valuations offering.

He added that this “additional experience” and resource has enabled the Corporate Finance team to expand its services, strengthen its expertise and offer more transactional support, as well as work on larger and multiple transactions. ; most notably, the Corporate Finance team recently helped Golledge Electronics close a sale with Techpoint.

Mansell said: “The growth of the team has allowed us to really showcase our expertise in corporate sales, mergers and acquisitions, MBOs, due diligence and valuation, as well as help and Fundraising advice, financial modeling and post-deal support like us were able to not only work on multiple deals at once, but also on much larger deals.

“We used to work primarily with existing clients, but increasingly non-client companies are coming to Old Mill specifically because of our reputation within Corporate Finance and we now have the ability to help them,” said Kathryn. , who adds that she thinks Old Mill Mill’s appeal lies in its ability to deliver a professional service that eliminates jargon and puts the customer at the heart of everything it does.

She added: “Our role is to help companies realize their true value,” she said. “We understand that the right choice is not limited to financial returns. We work closely with our clients to gain an in-depth understanding so that we can advise them on the best deal for them.

“Old Mill is an ambitious and growing company, and a big part of our own growth strategy is to make the right acquisitions – so we understand that mergers and acquisitions are not just about finance, and we can leverage this experience to help companies find the perfect fit both operationally and strategically.

Los Angeles, California –6 May 2022 – Corporate Finance Associates Worldwide (CFAW), a leading international investment bank, recently announced that it has advised Tajin International on its acquisition of Paulitas New Mexico, the creator of a range of sauces, seasonings and green chilli seasoning products. pickles.

Founded in 1985 in Mexico, Tajin International introduced its sweet pepper, lime and sea salt seasoning powder to the Mexican market. 1993 marked Tajin’s first exports to the United States and in the 2000s and beyond, Tajin grew in popularity, shipping to 30 countries around the world.

Paulitas New Mexico, founded in 2016, is located in Rio Rancho, New Mexico. The founders took their love of fresh, locally grown Hatch peppers and turned it into a thriving business. Their line of hatching chili products consists of salsa, sauces, stews, dressings, marinades, and food items and is sold in both delis and online retailers like Amazon.

Transaction Information
Tajin International acquired Paulitas New Mexico in a private transaction. Terms were not disclosed. Investment banker representation was provided by the San Antonio office of Corporate Finance Associates Worldwide, headed by Eduardo Berdegue. Asked about the transaction, Mr. Berdegue commented: “We have been fortunate to work with two fantastic companies that complement each other perfectly. Tajin is a world-class organization that has been looking to have a presence in the United States for some time. I’m glad I could help.”

About CFAW
Corporate Finance Associates is a leading international middle-market investment bank with offices in North America, Asia and Europe, providing middle-market companies with a broad range of M&A advisory services and a access to capital resources. More information is available on the Internet at www.cfaw.com.

UK carbon capture developer Storegga has appointed Michael Alsford to the new role of head of corporate finance and investor relations.

Mr. Alsford joins the firm from global investment bank Citi, where he was director of equity research, specializing in areas of energy transition such as renewables, biofuels and capture and storage. carbon (CCS).

Prior to Citi, Michael held equity research roles at Morgan Stanley and Nomura and also worked in leveraged finance after earning his CPA degree from PricewaterhouseCoopers.

Storegga Chief executive Nick Cooper said the company was “very lucky” to have Mr Alsford on the team.

“He brings relevant and substantial experience and has really impressed the industry with the quality of his research at Citi on CCS and energy transition,” added Cooper.

“In just a few years, Storegga has grown from coordinating a single decarbonisation technology cluster in Scotland to an international developer with projects in several countries. The UK’s experience with decarbonisation is world-leading and therefore our knowledge is directly applicable to many countries.

“We are a small, fast-growing company; Michael will be another key contributor to this vital effort.

Commenting on his new role, Mr Alsford said: “It is really exciting to work with a company at this stage of its development. As Storegga replicates the model of its Scottish Acorn project globally, there is a real opportunity for me to help support the growth of the business.

“There are large pools of international capital looking to invest in energy transition developments and we increasingly see leading global thinkers backing decarbonization technology as an important part of solving the climate change conundrum. It is therefore not surprising that Storegga already enjoys the support of some of the world’s leading infrastructure investors.

Storegga’s investors include funding from Australian bank Macquarie Bank, GIC, Singapore’s sovereign wealth fund and Mitsui, and it is currently developing projects in the UK and internationally, including Project Acorn and a new scheme direct air capture (DAC) in the northeast. .

Mr Alsford said the company was of great interest to investors as it proves it can bring together diverse stakeholder groups “around high integrity decarbonization developments”, describing the process as “a difficult task that requires a particular mix of expertise, from geologists to regulatory specialists to finance experts.

“I really look forward to working with such an impressive team and being part of the company’s vital mission to fight climate change.”

Mr Alsford is the latest in a series of appointments for the fast-growing developer, which also took on a new head of corporate affairs in January, followed by a new head of policy and regulation.

SYDNEY, July 20. 10, 2021 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the significant growth of its Corporate Finance & Restructuring segment in Australia with the addition of seven senior managing directors over the past six months, including five professionals from the Big Four consulting firms.

Chris Hill, David McGrath, Vaughan Strawbridge and Kathryn Evans will be based in Sydney, and Ben Campbell will be based in Brisbane. Additionally, Melbourne-based John Batchelor recently returned to Australia from FTI Consulting’s Hong Kong office, where he was co-head of Asia. The company also recently announced the internal promotion of Daniel Woodhouse to Senior Managing Director of the Perth office.

FTI Consulting has an industry-leading restructuring practice with specialists who have led some of Australia’s most high-profile and complex restructurings. The addition of the five new Senior Managing Directors, along with the appointments of Mr. Batchelor and Mr. Woodhouse, further strengthens the depth of FTI Consulting’s talent in the market and its ability to help clients maximize value.

Commenting on the appointments, Mark Dewar, Head of Australia Practice at FTI Consulting, said: “FTI Consulting has been the dominant global restructuring firm for some time now, and we have the same goal for the business. Australian. With the caliber of new recruits joining us, we are well on our way to replicating global success in our local market.

John Park, head of finance and corporate restructuring for Australia at FTI Consulting, said the firm’s strengths enable it to attract leading specialists in the field.

“We are in a unique position to provide independent and impartial advice and support to a wide range of clients. Additionally, as restructuring mandates become increasingly global, we have access to a network of experts in multiple jurisdictions and sectors to advise clients wherever they do business,” said Mr. Park.

About FTI Consulting
FTI Consulting, Inc. is a global business consulting firm dedicated to helping organizations manage change, mitigate risk and resolve conflict: financial, legal, operational, policy and regulatory, reputational and transactional. With more than 6,400 employees in 29 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The company generated $2.46 billion in revenue in fiscal year 2020. In some jurisdictions, FTI Consulting services are provided through separate legal entities that are separately capitalized and independently managed. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.

FTI Consulting, Inc.
Level 22, Gateway
1 Macquarie Place
Sydney NSW 2000
Australia
+61.2.8247.8000

Investor contacts:
Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com

Media Contact:
Rebecca Hine
+61.7.3225.4972
rebecca.hine@fticonsulting.com