BDO appoints Paul Morris as Partner and Head of Growth Advisory

02 April 2018 Consultancy.uk

The private equity market has boomed in recent years, with considerable dry powder raised. BDO recently announced it has appointed a new Head of Growth Advisory, industry veteran Paul Morris.

The private equity market has seen strong activity of late, with fundraising amassing record levels of dry powder, while pressure mounts from a range of investors for growth. The industry saw around $440 billion invested in buyouts last year, while total assets under management globally topped $2.8 trillion in 2017.

The high level of interest, particularly under hard pressed pension funds, continues to see interest in independent advisory support, particularly during the initial due diligence phase of the buyout process. With growth expected across much of Europe in the year ahead, firms are keen to have experience on board. One of the firm’s activate in the mid-market, BDO, saw its corporate finance team oversee more than 300 transactions with a combined value of more than £18.5 billion, with the share of PE related transactions increase by 50% last year.

Paul Morris, Head of Growth Advisory - BDO

BDO recently announced it has picked up PE industry expert Paul Morris, who joins from Livingbridge. He was most recently at Partner at the UK-based private equity firm, where he worked for the past fourteen and a half years, most recently managing investments in mid-market UK businesses in the South and London areas. Earlier in his career he worked at Barclays Bank for more than eighteen years; most recently as a Director, with broad experience across relationship banking, credit committee and leveraged finance.

Morris joins BDO as a Partner and Head of Growth Advisory, in its corporate finance team. He brings more than thirty years of experience to financial services industry, much of it in the mid-market private equity sphere. The appointment, to a newly created role, allows the firm to better support clients looking for growth opportunities leveraging private equity investment. His experience will provide guidance for mid-market businesses, particularly in particular services and technology and media, throughout the PE lifecycle.

Paul Eagland, Managing Partner at BDO, commented, “The UK economy is proving resilient to ongoing uncertainty, but companies need more support in unlocking finances to fund future growth. Private equity investment is an attractive option for ambitious, fast-growth businesses looking to expand and our experience in this market is second to none. Paul’s appointment directly from the private equity world will be an invaluable addition to our expanding M&A team as we continue to help our clients seek and challenge the best opportunities for growth now and in a post-Brexit economy.”

Related: BDO Liverpool expands office space amid team expansion.

Profile

More news on

×

Rapid growth sees Quantum Advisory promote trio of partners

18 April 2019 Consultancy.uk

Three senior level consultants have been boosted to the rank of Partner at Quantum Advisory, as the firm works to meet heightened levels of client demand. Aled Edwards, Amanda Burdge and Chris Heirene become Partners as long-time Quantum member Rob Davies retires in May after 15 years as a Partner at the firm.

Founded in 2000, Quantum Advisory provides pension and employee benefits services to employers, scheme trustees and members, with five offices across the UK. The firm has enjoyed exponential growth in recent years, following a number of major client wins and booming demand for its services. It opened a new office in Bristol in 2016 to service the South West and in 2017 relocated its Cardiff office to a larger site within the Welsh capital to house the increased workforce. More recently, Quantum relocated its Amersham, Birmingham and London offices to more spacious premises in the centre of both cities to cope with demand.

The financial services consultancy, which employs 115 people across the UK, has promoted three senior team members to Partner, as part of its wider growth plans. The firm has moved Aled Edwards from Principal Consultant & Actuary, while Amanda Burdge has ascended from Principal Investment Consultant. Chris Heirene, former IT Manager, has also joined the ten current Partners at Quantum.

Aled Edwards most recently managed the actuarial team within Quantum’s Cardiff office as well as providing technical training for all staff. He boasts more than 17 years of pensions experience. He started his career as an Actuary at Jardine Lloyd Thompson’s Bristol wing, before joining Quantum in 2011. Edwards is also the President of the Welsh Actuarial Society (WAS), which supports actuaries and actuarial students living or working in Wales.

Rapid growth sees Quantum Advisory promote trio of Partners

Amanda Burdge joined Quantum’s team in 2001, as one of the fledgling firm’s first employees. Most recently she was a Principal Investment Consultant with the firm, and with more than a quarter of a century’s experience in the sector, she is responsible for providing investment advice to many of Quantum’s key clients with both defined benefit and defined contribution schemes. Prior to her time with Quantum, Burdge spent two years as a consultant with SBJ Benefit Consultants (now Capita), and three years with Tesco Pension Trustees. She currently sits on the Regulation Committee for the Pensions Management Institute.

Chris Heirene initially worked with Quantum as an IT Consultant with Teamwork Technology Services and then UES for over five years, before finally joining the firm itself in 2011. He is now responsible for Quantum’s IT systems across all of its offices, including the network and core server infrastructure which supports the business. Heirene is heavily involved in utilising IT to improve and build upon the processes in place throughout Quantum.

David Deidun, Partner at Quantum Advisory, said of the promotions, “This is a very exciting time for Quantum. The recent round of promotions fully recognise the hard work and dedication shown by the three, all of whom go above and beyond for the company. I’ve no doubt that Aled, Amanda and Chris will settle into their new roles with ease and look forward to working together to grow Quantum even further.”

The news comes as Rob Davies retires in May, after spending fifteen years as a Partner at Quantum. A qualified actuary, Davies was instrumental in setting up Quantum’s Investment Division, specialising in aiding clients with their investment strategies. He will remain with the company on a part-time consultancy basis, while working with several clients in the Fiduciary Manager area.