Gambit Corporate Finance consultancy achieves record year
Gambit Corporate Finance had the best 12 months in its 30-year history. The firm has advised on transactions with a combined value of £300m.
Founded in 1992, Gambit Corporate Finance is the UK’s oldest independent corporate finance consultancy. Specializing in medium-sized transactions with an enterprise value of up to £50 million, both in the UK and overseas, the firm has offices in London and Cardiff and has built up a strong experience in creating and executing transactions.
Buoyed by exceptional M&A activity over the past 12 months, the corporate finance boutique had a banner year.
Advising on 15 deals during the year, the cumulative deal value supported by Gambit exceeded £300m. Operations focused on business disposals, acquisition support, management/employee takeovers, fundraising and refinancing missions.
Geraint Rowe, Partner at Gambit, said: “We are extremely proud of our talented team for their hard work and determined approach to maximizing value for our clients. 2021 has been a strong year for UK M&A activity with deal volumes outpacing 2020 by more than 30%, supported by widespread availability of low-cost capital and an ever-increasing desire to execute deals. transactions.
Among the largest transactions supported by Gambit was the sale of one of the UK’s largest training providers, the Motivational Preparation College for Training to Learning Curve (LCG). Adding 30 additional sites and 180 staff to LCG’s operations in England and Wales, the move created the largest military training organization outside the Ministry of Defence.
Other moves have seen Gambit providing strategic advice to British and Irish Lions helping to secure committed debt facilities and emergency funding options to support the 2021 tour to South Africa; and secured financing for Veezu, the UK’s largest multi-regional private hire and taxi company, from MML Capital.
The consultancy was also involved in the sale of Premier Forest Group’s Irish subsidiary, Premier Forest ROI, to Murdock Builders Merchants, headquartered in Northern Ireland.
As Gambit benefited from increased demand, it took the opportunity to increase its capacity, with several new hires and promotions during the year. Wayne Harvey joined the team as a partner, having previously been a senior partner at Deloitte.
Harrie Thorrington, Lloyd Evans and Menna Ward joined the team as analysts, while Sam Forman was promoted to director. The company was also voted “Debt Adviser of the Year” at the Finance Monthly M&A Awards for the second consecutive year – but Gambit will not rest on its laurels or slow down its growth in the coming year according to Rowe.
He concluded: “The business continues to grow and we remain optimistic for the next twelve months and beyond, supported by tailwinds in the industry, our valued and exciting customers, a strong pipeline and a growing team. .