Pictured above: Olivia Prew
Clearwater Corporate Finance LLP, UK member of exclusive
international mergers and acquisitions organisation, IMAP, has
strengthened its Birmingham office with the appointment of deal
originator, Olivia Prew.
Olivia joins Clearwater from The Co-operative Corporate Bank
where she ran the liabilities campaign for its Birmingham office,
identifying, researching and contacting new prospects. At The
Co-operative, Olivia also assisted with the management of a
portfolio of clients with turnovers ranging from £2m to
£75m. Previously, Olivia worked at Lloyds TSB as a business
manager, where she managed a portfolio of smaller turnover
businesses.
In her new role, Olivia will play a key role in researching and
identifying new corporate finance opportunities for Clearwater.
Phil Burns, managing partner at Clearwater, said: "We have seen
a huge increase in deal flow over the first half of the year, and
we expect momentum to build over the second half.
"The M&A world has turned into a sellers' market in 2011,
with exit valuations rising strongly across most sectors. Olivia's
arrival will help us spread this word to clients and potential
clients in and around the Midlands region."
Olivia Prew said: "I am looking forward to applying my expertise
to source new opportunities and to build on Clearwater's already
established reputation for completing deals against a backdrop of
tough economic conditions."
Clearwater's Birmingham office has recently advised on a number
of deals, including Provimi Pet Food on its management buyout by
global private equity firm Advent International and Barclays
Private Equity on its sale of Femcare Group Ltd to NASDAW-listed
Utah Medical Products Inc.