Corporate finance tie-up
Hall Morrice in partnership deal with Dow Schofield Watts
New team: Tom Faichnie and Melanie Clark with Nicole Burstow and James Dow of Dow Schofield Watts
Hall Morrice Corporate Finance has forged a partnership with the UK advisory firm Dow Schofield Watts.
The agreement will give the Aberdeen team access to Dow Schofield Watts’ national and international network of corporate finance specialists and the capacity to handle a wider range of deals.
The Aberdeen staff will operate under the Dow Schofield Watts brand from their existing offices and will retain a close relationship with the Hall Morrice accountancy firm.
Hall Morrice Corporate Finance was founded in 2017 by Tom Faichnie, a former Deloitte director and RSM partner, and chartered accountant Melanie Clark.
Dow Schofield Watts has more than 70 professionals. It has its own international corporate finance network covering 14 countries, a dedicated tech team and an angel network.
Mr Faichnie said: “This partnership with Dow Schofield Watts will allow us to take our business to the next level. It will boost our global reach in line with the increasingly international nature of the oil services industry, and enable us to leverage the breadth and depth of expertise within the group to support other fast-growing entrepreneurial businesses in the region.”
Bob Bain, managing partner at Hall Morrice Chartered Accountants, added: “Having an experienced corporate finance team on site enables us to offer added value to businesses. The new arrangements will build on this by allowing clients to tap into the Dow Schofield Watts network and open up new opportunities worldwide.”
James Dow, founding partner of Dow Schofield Watts, said: “The partnership will extend the Dow Schofield Watts operation across the border into Scotland, with its strong tech and financial services sectors, and allow advisers across the UK to draw upon the team’s expertise in the oil industry.”