One of the North East’s best known dealmakers is investing in his own future after moving to RMT Accountants & Business Advisors to head up its Corporate Finance division.
Michael Cantwell is now responsible for the Gosforth-based firm’s work around helping entrepreneurs undertake acquisitions and disposals, as well as assisting owner-managed businesses to secure the investment capital they need to expand.
Michael has worked in corporate finance for 14 years, specialising in acquisitions, disposals and fund raising, and has spent the last nine years as a director with RSM Corporate Finance in Newcastle.
He has been a leading advisor both regionally and nationally on applications to the government’s Regional Growth Fund program, has provided Due Diligence services to the Department for Business Innovation and Skills, and has worked on a variety of high profile corporate finance projects for household name clients including Komatsu, Haribo and JCB.
He also led the team which advised engineering firm Desco on its acquisition by German-based group RAG Stiftung earlier this year as part of a commercial relationship with the Sunderland-based firm going back more than a decade.
Michael Cantwell says: “RMT has a strong industry reputation, and I already knew many of the individuals that make up the team, so the opportunity to strengthen the dedicated corporate finance resource of a full service practice was a very attractive one for me.
“Being part of an independent firm provides a great opportunity to shape our corporate finance offering in what I feel is the most appropriate way to meet clients’ needs, and provides the flexibility that I think is crucial in finding the right options for individual deals.
“With the Regional Growth Fund remaining active and the launch of the JEREMIE 2 investment funds coming in the near future, this is an exciting time for business investment in the North East, and I’m looking to use my corporate finance expertise to help more owner-managed businesses get the financial outcomes they’re looking for.”
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.
Mike Pott, managing director at RMT, adds: “Michael is a well-known and highly-respected member of the North East corporate finance community, and it’s a real coup for us to add him to our team.
“We have had a very successful year across all our different divisions, and are continuing to add and develop high calibre personnel who can provide the services and expertise that help client businesses succeed.”
For further information on RMT Accountants & Business Advisors, please visit www.r-m-t.co.uk