Jeremy Woodside joins Quantuma as Managing Director

07 January 2021 Consultancy.uk
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After a stellar year for the firm in the North West of England, Quantuma has further strengthened its restructuring practice with the appointment of Jeremy Woodside as a Managing Director.

Since launching its Manchester office in 2019, Quantuma has consistently invested in its regional practice to support further growth. Earlier in 2020, this saw the acquisition of insolvency boutique Bell Advisory – something which helped strengthen its recovery services for North West businesses in what proved to be a year of heightened demand.

With a growing number of companies falling into financial distress due to the pressures of Covid-19, a recession, and Brexit, businesses were in dire need of assistance with restructuring work. As a result, according to a release from the firm, Quantuma’s North West operations boomed in the last 12 months, with the business advisory firm enjoying an increase of over 100% in demand for its services across the region.

Jeremy Woodside, Managing Director, Quantuma

As it looks to prepare for further growth in 2021, Quantuma has grown it headcount in the North West 13. The latest member of the firm’s regional cohort is Jeremy Woodside, a seasoned insolvency practitioner who brings more than 25 years of experience to the consultancy. Joining as Managing Director, he will be based in the firm’s Manchester office, focusing on providing insolvency and restructuring advice to SMEs across the North West.

Carl Jackson, CEO at Quantuma, remarked, “We have known Jeremy for a long time, and it is fantastic to welcome someone of his calibre and reputation to the firm at this very exciting time in our journey. This is a further step change to our investment in the North West and Jeremy’s appointment reflects our desire to continue developing our brand with leading practitioners.”

A chartered accountant and qualified insolvency practitioner, Woodside most recently worked as a Partner for national mid-tier accounting and consulting firm, RSM. Prior to his 20 years there, Woodside was at Big Four firm PwC for five years. Throughout his career, Woodside has advised directors, creditors, lenders and other stakeholders across a range of sectors on distressed and stressed trading positions – experience which he also applies to being a regional committee member of the UK’s insolvency and restructuring trade body R3.

Commenting on his new role, Woodside said, “I am excited to work with the team in Manchester to accelerate the firm’s growth in the North West. 2020 was a challenging year for many businesses, so demand is naturally high for those advisers who can support businesses in further developing resilience and adapting their response to the Covid-19 pandemic… In just two years, Quantuma has developed an outstanding reputation in the North West for providing a broad range of independent advisory services, and I am looking forward to building on this as we look to help many of the region’s businesses rebound and return to growth.”