RG Corporate Finance celebrates most successful trading year to date
RG Corporate Finance has marked its seventh anniversary by delivering its most successful year to date.
Part of Newcastle-based advisory firm, Ryecroft Glenton (RG), RG Corporate Finance has increased its fee income by 86 per cent during the financial year ended March 31, 2018.
The firm advised on various regional, national and international transactions across a range of industry sectors.
Carl Swansbury, partner at RGCF, said: “We have built a strong reputation in the mid-market corporate finance space by delivering opinion driven, strategic advice to our clients on all types of transactions, including acquisitions, disposals, MBOs and MBIs.
“This has enabled the firm to enjoy continued growth and attract top quality, experienced professionals to the team, whilst advising on an increasing number of significant mid-market transactions.”
During its seventh anniversary year, the mid-market corporate finance firm has advised on many transactions, including disposals to strategic trade buyers and acquisitions.
Among the recent transactions was that of contractor accountancy firm, First Freelance Ltd, along with its sister company, First Five Projects Ltd, by Optionis Group, backed by mid-market Private Equity firm, Sovereign Capital.
As the largest provider of professional services to the flexible workforce, this acquisition strengthened Optionis’ position in the contractor accountancy and umbrella services market.
During the year, RGCF advised on the sale of North East-based offshore engineering specialist, Lift-Rite Group to Benbecula Subsea Services Ltd, and the £15m sale of West Midlands’ IT consultancy, Crimson Ltd to AIM-listed Harvey Nash Group plc.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
Understanding the new Employment Rights Act
Why global conflict is a cyber risk for UK SMEs
Improving safety and standards in construction
From economic engine to community ecosystem
Improving North East transport will improve lives
Unlocking investment potential before year end
Give us certainty to deliver better homes
Hormuz: Safe passage - not insurance - the issue
Don't get caught out by employment law change
When literacy thrives, our businesses thrive too
Building a more diverse construction sector
The value of using data like a Premier League club