Business

Quantuma to double North West team in next two years

The announcement comes in a bid to support businesses in the North West as the region reportedly faces pressures of rebuilding the post-pandemic economy.

Quantuma has announced plans to double the headcount of its North West operation from 20 to 40 people in the next two years to reportedly meet growing client demand.

Quantuma’s growth in the North West was boosted by the acquisition of Manchester-based insolvency and advisory specialist, Bell Advisory in 2020. Several key appointments and promotions were made in the last 12 months, including managing director Jeremy Woodside, director Mike Horton, and senior manager Gareth Pugh.

Furthermore, Frank Ofonagoro was promoted to a managing director in 2021, while Sarah Balsom moved to a director role. To accommodate this growth, the North West team relocated to a new office at the 196 Deansgate development in December.

With more than 18 bases around the UK and 23 globally, the North West is Quantuma’s fourth largest location in the UK, after Southampton, London, and Maidenhead, having launched in 2019.

The team offers a range of advisory services, including restructuring and insolvency, financial advisory, forensic accounting and investigations, including eDiscovery, and corporate finance.

Additionally, the firm recently announced further expansion into offshore centres with the opening of its Dubai office in September, meeting the firm’s growing network of offshore centres in Cayman Islands, Cyprus, and Mauritius.

Robert Parry, managing director at Quantuma and head of the firm’s North West team, said: “We made the decision to move into Manchester in 2019 to fulfil the growing need for high-quality advisory services across the region. Since then, we have grown to become one of the most active teams in the North West.

“As demand for our services continues to grow and the region faces pressures of rebuilding the post-pandemic economy, our plans to double our headcount over the next two years will mean that we can support more businesses than ever.”

Carl Jackson, CEO at Quantuma, added: “What the team has achieved in the two years since it arrived in the North West is exceptional. Led by some of the best in the industry, we have become a leading advisor to businesses across the region and I look forward to seeing what more the team can achieve in the future.”

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