It has been two years since Finatal launched their first office outside of London.
“The last few months have allowed Finatal to reflect on the successes – and challenges – over the last two years since we opened our Manchester office,” says Ross Bull, Finatal’s Manager for the Northwest region.
With the region showing consistent growth as Manchester is second only to London in terms of UK Private Equity deals having accounted for 13% of all deals last year, it was an obvious choice for Finatal’s first office outside of their London headquarters.
“Since we opened our doors in Manchester in 2018, we have overseen a tremendous amount of development with an average of 107% growth in revenue each quarter,” Ross says. “In the industry, Manchester is recognised as a future hub of Private Equity activity second only to London across the entirety of Europe”
Ross notes how Private Equity deal values in the Northwest have increased year on year, including a 23% increase in 2019. “With Manchester hosting over 20 funds in total, we are well positioned to replicate the above growth figures.”
Finatal have worked with mid-market funds including the likes of Livingbridge, HgCapital, August, Inflexion and MML amongst others on key finance hires within their portfolio businesses in the Northwest region. “Given the unpredictability over the last few months specifically, we have supported a variety of situations including exits, fundraises, buy & builds, turnaround and future proofing with the network and agility to cater to this ever-changing landscape.”
“I’d like to thank our clients for their support over the last two years. We are proud to have worked with such reputable businesses and look forward to continuing to support pe backed businesses in the region going forward.”
Feel free to contact Ross if you have any requirements, he will be happy to hear from you.