This week's North East appointments: Featuring Merit, Ryecroft Glenton Corporate Finance & Reproflex3

This week’s round up of North East appointments features Merit, Ryecroft Glenton Corporate Finance & Reproflex3. Read on to find out more…

Steve Barrett, Merit

Merit, the Northumberland-based offsite construction and manufacturing specialist, has appointed Steve Barrett to the role of Operations Director. The appointment comes after Merit recently announced a record financial year in which overall revenues climbed by 44 per cent to £60,220,482, and total profits rose by 256 per cent to £3,730,676, following a string of major project wins and completions.

Merit’s CEO, Tony Wells, says: “Our newest appointment to Merit’s Board of Directors cements our commitment to delivering the highest rates of productivity within the construction industry. Having already made an impact in his role as Project Director, we are delighted to welcome Steve into his new role as Operations Director to support Merit’s high period of growth.

He adds: “With operational efficiency, innovation and health and safety in mind, Steve’s extensive expertise will play a major role in further enhancing Merit’s offsite manufacturing capabilities.”

Steve Barrett comments: “Since joining Merit in 2021, I’ve been hugely impressed by its commitment to innovation and the thrill that comes with being part of a thriving business that is revolutionising the sector. Merit’s investment in R&D is way ahead of traditional construction, and I’m looking forward to playing a leading role in implementing this expertise by sharpening and standardising our approach.”

Adam Tindale, Ryecroft Glenton Corporate Finance

Ryecroft Glenton Corporate Finance (RGCF) has announced the promotion of Adam Tindale to corporate finance manager.

Joining Newcastle-based Ryecroft Glenton in 2016, Adam started as an Audit and Accounts Assistant, progressing to Audit and Accounts Senior in 2021 when qualifying as a chartered certified accountant. Shortly thereafter, Adam promptly moved into the firm’s Corporate Finance service line, being appointed corporate finance executive in October 2021.

Since joining RGCF full time, Adam has advised on the successful completion of a number of notable M&A transactions, the most recent project being the sale of Stockton on Tees-based ecology consultancy Naturally Wild to Cura Terrae, an environmental services group backed by Palatine PE.

Adam said: “Since joining Ryecroft Glenton in 2016, everyone has been hugely supportive in helping me to progress my career and I’m impressed with the firm’s commitment to recognising and rewarding hard work.

“In my new position, I look forward to taking a more senior role on M&A transactions, whilst providing guidance and support to the more junior members of the team as RGCF continues to grow.”

Brendan Regan, Reproflex3

Cramlington-based pre-press group Reproflex3 has appointed Brendan Regan as chief financial officer (CFO). Brendan brings more than 25 years’ experience to the role after beginning his career at UNW Chartered Accountants working in auditing and corporate finance.

At Reproflex3 he joins the senior leadership team as the business moves forward with growth plans in the flexible and corrugated packaging industries globally.

Andrew Hewitson, Reproflex3 group CEO, explains: “Brendan completes the last in a series of strategic appointments to build what I believe is a formidable leadership team. He brings a wealth of relevant expertise with ambitious SMEs seeking to grow and diversify. This is an exciting time for the business and we are looking forward to what lies ahead.”

Brendan commented: “Andrew and business co-founder Trevor Lowes, have built an exceptional business based on innovation and collaboration. I’m looking forward to using my expertise in corporate finance as the group continues its expansion trajectory through acquisition and organic growth.

“To do that successfully, it is important consistent financial disciplines are deployed across the company globally and underpinned by an efficient group-wide reporting structure to enable fast and effective decision making.”

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