Clearwater Corporate Finance has announced its move to a bigger and brighter office space in the heart of Nottingham after enjoying its most successful year to date.
The mid-market corporate finance firm’s relocation from Castle Gate to The Ropewalk will enable the business to expand further. The team of 10 has moved to the newly-renovated, two story Victorian building which offers a range of improved facilities, including a large boardroom, three meeting rooms and the capacity to host future networking events.
Over the past 12 months, the firm’s Nottingham office has seen advisory activity increase by more than 200% with transactions including the sale of leading natural food colouring manufacturer Phytone to multinational chemicals company FMC Corporation and the sale of environmentally friendly coatings, composites and inks technology developer Rahu Catalytics to US specialty chemicals firm OM Group.
Many of the transactions have been disposals to international buyers involving companies from the United States, Germany, France and Italy, positioning the Nottingham site as a solid outlet for international M&A.
Paul Newell, partner at Clearwater said: “Our team in Nottingham is reaping the benefits of retaining a very high level of expertise over the years. Seven out of the ten team members have been with us since the birth of the company in 2003 and between us we have built up over 100 years’ corporate finance experience.
“The East Midlands is holding up extremely well in terms of deals and M&A activity and we are very excited to be moving deeper into the heart of the professional community. We have committed to a 10-year lease, which shows our confidence in the city as a centre of excellence for corporate finance.”
Clearwater also has offices in Birmingham, Manchester and London.