Spectrum Corporate Finance’s debt advisory team has been strengthened by the arrival of financial expert Stuart Sweeney. Joining the financial services consultancy as an associate director, Sweeney brings a decade of industry expertise to his new role.
In order to secure the financing they need to implement their strategies, companies must navigate an increasingly complex set of rules and regulations. Banks are keeping a tight grip on the purse strings as they face a worrying decline in bank liquidity – making obtaining funding a difficult and critical issue for most businesses. Debt advisers have become increasingly important in this environment.
Play in this request, Corporate Finance Spectrum is the largest independent corporate finance boutique in the South, focused solely on lead and debt counseling. The firm works with business owners and management teams, advising them through major transactions at every stage of the business lifecycle, including fundraising, making acquisitions and planning and execution of company sales.
Continued strong demand for debt advisory services has driven a bumper year for Spectrum’s debt team, completing 24 deals in 2019 and raising around £0.8bn on behalf of management teams and private equity investors financing acquisitions, increasing working capital facilities or refinancing and recapitalizing existing debt facilities. To strengthen the firm’s services to meet its clients’ debt advisory needs, Spectrum has appointed Stuart Sweeney as its new Managing Partner.
Commenting on his recent appointment, Sweeney said, “I am delighted to join Spectrum’s high performing and reputable team and look forward to contributing to the company’s continued success as a leading independent advisor. »
With a banking background at Lloyds and CIT Bank, Sweeney is an experienced corporate finance professional, who has spent much of his career operating in the leveraged finance space, supporting both clients PE and Corporate in their M&A, recapitalization and refinancing activities across a wide range of sectors, both in the UK and overseas. In his role at Spectrum, Sweeney will work closely with Ian Milne, Simon Sherliker and the debt advisory team on all areas of debt advisory projects including deal management, document negotiation, presentations management and lenders and financial modelling.
Managing Director and Head of Debt Advisory, Ian Milne, said: “We are delighted to welcome Stuart to Spectrum and the Debt Advisory team. The success of our debt advisory business has fueled continued investment and over the past two years we have grown into a team of five experienced banking professionals to meet the growing demand for our services, particularly among the capital community. -investment.