Midlands accountancy firm, Harrison Beale & Owen (HB&O), has promoted corporate finance specialist, Greg Philp, to its Board of Directors. The promotion follows continuous growth in the firm’s corporate finance service under Philp’s leadership.
Greg Philp joined HB&O in 2007 and has been responsible for the development of specialist corporate finance expertise at the firm over the last 10 years. HB&O formally launched its Corporate Finance brand in 2014, with Philp appointed as Associate Director at that time to lead the service.
HB&O’s Corporate Finance offering is tailored to owner managed and family businesses, covering areas such as business sales and purchases, management buyouts, financial due diligence, succession planning and raising finance, with the team focussing on transaction sizes of £150,000 to £5m. These topics require specialist expertise to ensure clients are fully supported through some of the most complex decisions business owners have to make. HB&O Corporate Finance has expanded since its launch, adding additional capacity and skills to the team, and continues to enjoy strong growth.
Mark Ashfield, Managing Director, HB&O, said: “Initially, the priority for the corporate finance team was to expand our ‘one stop shop’ offering to existing clients and ensure we could support them through every stage of their business. Thanks to Greg’s direction and the skills of our growing team, we also offer Corporate Finance as a standalone service, often working in partnership with other firms who do not have the specialist skills in house to take on this type of work.
“Greg is a very knowledgeable and diligent advisor who has demonstrated exceptional commitment to our clients. I am delighted to announce Greg’s promotion to Corporate Finance Director and look forward to the additional value he will bring to the business in his new role.”
Greg Philp, Director, HB&O, said: “This promotion is a huge privilege and an exciting opportunity. I’m looking forward to working alongside my fellow directors to continue to build the fantastic team we have here at HB&O.”
Since its launch, HB&O Corporate Finance has assisted clients with over 100 projects and has helped secure the long-term future of a number of local businesses navigating the challenges presented by major change.