Savills: Capital Advisors Hires New Head of Corporate Finance
Crosby most recently worked at KPMG, where he led the Real Estate M&A team and was also responsible for infrastructure, building and construction for KPMG in the UK. He has advised financial sponsors, corporations, international organizations, governments and family offices on transactions throughout the market cycle. With over twenty-five years of experience in corporate mergers and acquisitions through more than 300 transactions, his deep expertise will further strengthen SCA’s offering.
Jointly led by Joe Guilfoyle and Andrew McMurdo, Savills Capital Advisors operates across all real estate sectors providing services in joint venture and equity structuring, capital raising, restructuring, corporate finance, mergers and acquisitions and debt advice to clients in the UK and EMEA. The team works closely with Savill’s extensive network of industry and geographic specialists, to provide clients with a value-added combination of real estate and financial expertise.
Part of the 85-strong Operational Capital Markets division, the SCA team includes 16 multidisciplinary experts and includes qualified accountants, investment bankers, financial analysts, financial modellers and real estate specialists. They have closed over £12 billion in deals over the past three years, across all major property sectors in the UK, EMEA and Asia Pacific markets.
Recent deals include acquiring a 75% stake in MediaCityUK on behalf of Landsec for £425m, acquiring the iQ student accommodation portfolio for Blackstone for £4.7bn, raising €400m equity round on behalf of Grupo Lar to fund a strategic 5,000+ multi-family unit in Spain, advising French property manager Proudreed on the formation of a €500m logistics joint venture euros and advising Warehouse REIT on its first £220m syndicated club.
Peter Allen, Head of Operational Capital Markets, said: “We are delighted to see our SCA business continue to grow, with the hiring of an industry heavyweight like Jan. Under the co-management of Joe and Andrew, the team has already proven itself to be exceptional and the addition of Jan only serves to further strengthen our offering.”
Joe Guilfoyle, Co-Head of Savills Capital Advisors, said: “In recent years we have seen tremendous client demand for real estate advice focusing on M&A, joint ventures and financing, in addition to traditional brokerage. As a result, Savills Capital Advisors has grown rapidly and we now serve clients on large-scale mandates around the world.”
Andrew McMurdo, Co-Head of Savills Capital Advisors, said: “With the continued growth of our M&A advisory service, we are very pleased to have Jan join us. He has unrivaled expertise that our clients will benefit from and I am very happy to start working with him.”
Jan Crosby, adds: “I am delighted to join Savills Capital Advisors at an exciting time in the company’s growth trajectory. I look forward to contributing to Savills’ ambition to provide a unique service offering to our clients. – by blending our unrivaled ownership of high-level knowledge and deep relationships with seasoned experts in corporate finance and technical expertise.”