Clearwater honoured at Acquisitions Monthly awards

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Clearwater Corporate Finance has been named Mid Market Adviser of the Year for deals under £150 million in the 2009 Acquisitions Monthly Awards.

The award, which will be presented at a ceremony at the London Hilton on 20 January, recognises Clearwater’s capabilities in cross-border deals.

Acquisitions Monthly magazine reports: “UK member Clearwater saw revenues grow during the year, as the overall value of deals on which it advised rose by 14 per cent.

“Most notable was the successful sale of a UK division of Belgian chemicals group Solvay to Swedish group Perstorp, backed by French private equity investor PAI. This deal took nearly three years to complete from Clearwater’s initial appointment, covering difficult times in both the sector and the wider financial markets.”

Phil Burns, partner with Clearwater says: “The award recognises the increasingly international flavour of the M&A market. Our international network provides a real advantage for our clients in that it enables us to access strategic buyers, merger candidates and financial resources from around the world.”