Accountancy and business advisory firm MHA Moore and Smalley has further strengthened its corporate finance team as it prepares for a “significant increase” in deal activity in 2021.
The firm has appointed Peter Williams as corporate finance director at its Manchester office.
Williams joins MHA Moore and Smalley after more than seven years with the corporate finance team in the Manchester office of UK and European accounting firm Azets, where he was a director. His previous experience also includes roles with PwC and Mazars.
His appointment comes after the firm advised on M&A transactions with a value of more than £200m in 2020 and predicted the region could see a record volume of deals in the first quarter of 2021.
Williams will advise clients on business sales, purchases and fundraising. He has “significant expertise” advising business owners in the owner-managed SME market, including a broad range of experience from private equity transactions through to trade sales, MBOs and fundraising.
Andrew Feeke, head of corporate finance at MHA Moore and Smalley, said: “In the last 12-months we have consolidated our position as a North West advisor of choice for the owner-managed market. Our team has worked incredibly hard to help our clients get deals over the line in these hugely unpredictable times.
“We expect to be kept very busy in the first part of this year due to good liquidity in the funding market, the anticipated changes to capital gains tax bringing some transactions forward, and the likely increase in deals involving distressed businesses and assets.”
He added: “Peter is a highly experienced corporate finance professional who will be a great addition to our team, both in the short term as we deal with a significant number of transactions, but also as we plan to guide our clients through the longer-term recovery.”
Williams, whose appointment takes the firm’s corporate finance team to eight members, added: “I know most of the team through working with them on transactions during my previous roles and I had no doubt that this is a firm and a team I wanted to work with.
“These are undoubtedly very challenging times for people and businesses, but times like these also present opportunities. As an independent firm with a national and international reach, we are well placed to help our clients plan for a better tomorrow and I’m delighted to be joining the team.”