Main Menu

New team created

Accountants launch Edinburgh office of Belfast adviser

Team line-up (left to right): Harry Linklater, Bruce Walker, Craig Holmes, (MD, HNH), Chis Fawbert, Neal Allen

Four senior accountants have created a corporate finance office in Edinburgh as an offshoot of Belfast-based deals advisory firm HNH.

The new team will advise in the £1m to £50m range and has set up operations in Charlotte Square.

The new office represents a significant investment by the firm in establishing its first office outside Northern Ireland. It consists of Neal Allen and Bruce Walker, formerly of KPMG, Harry Linklater ex-French Duncan, and Chris Fawbert who was formerly at EY.

The new team has already worked on a deal for food service firm R&W Scott and another in the distilling sector.

Director Neal Allen said: “We’re all excited to join HNH and build the business in Scotland. While some business owners are rightly cautious because of Brexit and global economic concerns, many of our contacts, particularly in food services, are telling us they want to execute growth plans.”

HNH recently advised Belfast-based IT support business CMI in its acquisition of London-based IT firm BTA. Funded by Panoramic Growth Equity in Glasgow the deal takes CMI’s turnover to in excess of £11m. HNH expects the new Scottish office will help identify opportunities for more deals spanning the Irish Sea.

Craig Holmes, managing director of HNH, said: “This is an exciting move for HNH as we build on great foundations in Northern Ireland to extend our offering to Scotland. Assembling a team as strong as this demonstrates how confident we are in the Scottish economy.”

The announcement was made as a delegation of 30 Northern Ireland-based bankers, financial advisers, investors and lawyers were attending a networking event at the New Club in Edinburgh tonight to discuss investment opportunities in the province at the HNH sponsored Quarterly in Northern Ireland (Quini).



Leave a Reply

Your email address will not be published. Required fields are marked as *

This site uses Akismet to reduce spam. Learn how your comment data is processed.