Increasing activity levels in the North East’s mergers and acquisitions market has led RMT Accountants & Business Advisors to expand its growing corporate finance team.
Adam Ballantyne has taken on a corporate finance executive role with the Gosforth-based firm’s team, which assists entrepreneurs complete acquisitions and disposals, as well enabling owner-managed businesses secure the investment they need to grow.
Adam qualified as an accountant in 2016 and was recently presented with the ICAEW Advanced Stage Student of The Year award by the Northern Society of Chartered Accountants.
He has worked in the financial services sector for the last four years, and began his career with Proctor & Gamble.
He says: “Being part of the corporate finance team means I’m working with a diverse range of businesses that all have ambitions for growth. We’re aiming to bolster and enhance various aspects of their commercial performance, helping them move forward and achieve their goals.
“My new role enables me to build a hands-on understanding of different financial activities and commercial performance, which will benefit both me personally and the clients that I’m working with.”
RMT provides the full range of financial and business advisory services through its corporate finance, accountancy, specialist tax, medical & healthcare, and recovery & insolvency teams, and works with firms of all sizes both within and outside the North East.
Its corporate finance team has been involved with a wide range of transactions in recent months, including management buy-outs at North East construction firms P F Burridge & Sons and Advance Construction, refinancing schemes at regional primary care practices, and disposals and acquisitions in the care home, nursery and property sectors.
Michael Cantwell, head of corporate finance at RMT, adds: “We’ve seen a significant rise in activity over the last few months, with regional businesses looking at taking that next step and we are well positioned to assist with this.
“The addition of Adam to the team ensures we have the resources available to manage growing demand, and he’s already playing an active part in the increasing range of work we’re undertaking.”
For further information on RMT Accountants & Business Advisors, please visit www.r-m-t.co.uk