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.