Eight Advisory hires former EY Senior Partner Steve Taylor

14 June 2018 Consultancy.uk

Rapidly growing Eight Advisory has hired a former Senior Partner of EY to boost its valuations practice in the UK. Steve Taylor arrives as a Partner, and will lead the practice as Eight Advisory works to expand its UK footprint.

Established by eight former Partners of the Big Four and Arthur Andersen, Eight Advisory was set up in France in 2009 to address a growing demand from businesses for dedicated financial and operational advice around transactions, restructuring and business transformation decisions. Since its creation by Pascal Raidron, Eric Demuyt, Cédric Colaert, Justin Welstead, Vincent Blot, Lionnel Gérard, Stéphane Vanbergue and Katia Wagner, the firm has grown to over 30 partners and 300 staff, who are housed in offices in Paris, Lyon, Nantes, Mumbai and London.

Headed in the UK by founding partner Justin Welstead, and Partner Ben Norris, the French-origin consultancy saw significant growth in UK activity in particular over 2017, and is consequently extending its presence in the UK. In order to meet increasing demand from the firm’s growing client base, Eight Advisory has had to recruit a number of additional due diligence specialists. This has seen its London team grow to a total of 20 at the beginning of 2018, and caused the firm to relocate to a new location at the turn of the year. Eight Advisory established its first UK office in Dover Street, Mayfair in 2016, but will henceforth occupy a recently redeveloped contemporary office building at 48 Pall Mall.Eight AdvisoryNow, as the financial and operational consultancy looks to live up to heightened demand, and continue its growth trajectory, Eight Advisory has hired former EY Senior Partner, Steve Taylor, to expand its valuation practice in the UK. Taylor, who arrives as a Partner and Head of the UK Valuations division at Eight Advisory, joins an established European team of 30 full time specialists, as the firm looks to expand its UK footprint. He will facilitate this by providing valuation expertise on services including transactional, restructurings, purchase price allocation, fiscal and expert witness.

Having spent more than 28 years with the Big Four firm before arriving at Eight Advisory, Taylor joins with extensive experience in valuations work, as well as in advising governments, private equity firms, lawyers and corporates. As the Senior Valuation Partner at EY, he specialised in complex and contentious valuation matters, often for the Courts, in terms of businesses, shares, debt, options and intellectual property. Following his almost three decades at EY, Taylor spent a short spell as Chief Financial Officer at telecommunications agency 4Com, where he worked to developing a group strategy at the firm, alongside debt fundraising, operational restructuring, cyber security, and managing its property portfolio. Taylor is also a Chartered Accountant and a Member of the Expert Witness Institute, and brings extensive knowledge in the industrial products, consumer products and financial services to his new role.

Justin Welstead, Managing Partner of Eight Advisory UK said of the new hiring, “We are thrilled to be joined by Steve who is well-known and respected in the industry. His knowledge of the industrial and consumer products and financial services will strengthen our existing offering and is further evidence of Eight Advisory’s continued growth in the UK.”

Steve Taylor himself added, “I’m delighted to be at Eight Advisory. The firm is growing from strength to strength and I am excited to further its success and to be part of its ambitious growth trajectory in the UK.”

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.