Corporate Finance Advisory Firm Launches Entrepreneur Finance Division
Birmingham-based corporate finance consultancy Clearwater International has launched a division it says could unlock £250m of new domestic and international investment for high-growth businesses over the next three years .
Clearwater Growth will provide a range of transaction services tailored to the needs of entrepreneurs and owner-managers of businesses with turnover up to £40 million and capital checks up to £15 million.
It aims to meet owner-managers’ demand for corporate finance advisors who can provide cost-effective access to international investors, deep sector expertise and sophisticated transaction processes.
With the support of Clearwater International, the Growth Team can provide a suite of tailored service lines to clients, including growing investments, selling a business and strategic business planning.
This includes the complete project management of a transaction – from the initial preparation phase through key negotiations and completion.
The Clearwater Growth team will be based in key regional centers across the UK, including Birmingham, but will draw on the firm’s international network of over 300 professionals across 17 offices.
The new division aims to support around £600m of deals over the next three years and capture a growing share of the SME deals market.
The Clearwater Growth team is led by Sam Miller who joins as a partner.
Michael Reeves, Managing Partner at Clearwater International, said: “The needs of ambitious entrepreneurs with international perspectives and complex financing needs have not been well served historically.
“Despite the current economic outlook, globally there is a huge amount of capital available to invest in innovative and well-run businesses. We are investing over £3 million in Clearwater Growth over the next three years to help high-growth companies unlock this funding.
“The team will provide business financial services of equivalent quality to Clearwater International, but tailored to the specific needs of small businesses.
“The entrepreneur’s journey of growth is intrinsic to the roots and heritage of Clearwater International. Twenty years ago we founded Clearwater International which has grown in size and market position, it’s going to be exciting to work with companies that are starting out on the same path.
Miller said: “For ambitious entrepreneurs in the UK, the lack of high quality business finance advice can limit their access to investment.
“Leadership teams want the best advice and access to specialists who understand the unique dynamics and pressures of running high-growth, owner-managed businesses.
“Clearwater Growth has such a proposition for SMEs, giving them access to quality and capabilities that might otherwise be beyond their reach, but which are essential to their long-term success.
“I am delighted to lead this talented team of people to deliver a quality service to the UK’s most exciting and dynamic entrepreneur-led businesses.
“With the support of Clearwater International, we will leverage industry expertise, access to global investments and deal process excellence. I have been surrounded by growing companies for most of my professional career and working with them is my passion.