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Today’s news in brief – 19/10/2023

PKF Littlejohn has appointed five new partners, further strengthening its team. Nick Joel (capital markets), Will Lanyon, and Benny Wong (financial services), along with Mimi Chan and Tom Golding (corporate tax), are the latest additions. These promotions bring diverse expertise to the firm, particularly in areas like capital markets, tax compliance, and corporate tax advisory. Dominic Robers, the managing partner, emphasised the firm’s focus on personal and professional development to support its staff in fulfilling their potential.

PwC UK has established an alliance with Darwinbox, a human capital management (HCM) platform, to enhance its HR services. The collaboration enables PwC’s Workforce team to provide improved HR services and employee experiences through automation and digitization. It also allows PwC to optimise its current client services using Darwinbox’s HR products. This alliance aligns with PwC’s technology offerings, delivering human-led, technology-enabled solutions to its clients, aiming to solve complex HR challenges.

The corporate finance team at Grant Thornton UK has advised Storal, one of the largest privately-owned nursery groups in England, on a significant investment and growth capital raise. Storal, which operates 28 nurseries, has partnered with Graphite Capital for further growth. Grant Thornton, with its education sector expertise, has been working with Storal’s founders, providing advice on various aspects of the transaction. This collaboration builds on Grant Thornton’s strong presence in the education and nursery markets, showcasing its experience in supporting businesses in the sector.

Azets, an accountancy firm, is participating in the West Midlands Health Tech Innovation Accelerator (WMHTIA) project. This project, led by the University of Birmingham, has secured government funding to drive the development of new medical and healthcare technologies. WMHTIA brings together universities, hospitals, industry, and government-funded ‘Catapults’ to support companies in bringing innovative healthcare technologies to the UK market. The project aims to create a cluster of commercial activity, drive economic growth, and reduce healthcare inequalities in the West Midlands.

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