PwC UK grows its deals practice to meet client demand

20 July 2021 Consultancy.uk 2 min. read
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PwC UK has altered the leadership structure of its deals practice to prepare for new growth. The firm also announced the promotion of 18 new partners in the practice. 

Deals will play a key role in the UK’s recovery from the pandemic, with merger and acquisition activity already spiking. PwC UK has announced changes to its deals leadership team, while strengthening the practice to tap into the demand this will create for M&A consultants.

The shifts in structure see Global Value Creation Leader Hein Marais also take on the leadership of transaction services, while UK Logistics and Post Leader Nicola Preedy will take on additional responsibility for regional deals. They join the firm’s Deals leadership team reporting to Ken Walsh, UK Head of Deals. 

PwC UK grows its deals practice to meet client demand

On tope of this, PwC has appointed 18 new partners across the practice. The appointments provide additional technology, ESG and transformation expertise across each of the practice’s four business units – business restructuring services, corporate finance, forensic services and transactions services.

Ken Walsh, UK Head of Deals at PwC, said, “I would like to congratulate our talented group of new partners on their promotion this year. This achievement is a reflection of their tremendous work, contribution and commitment to our Deals business.”

The business restructuring services team supports businesses through complex financial, operational and strategic challenges across all regions in the UK, and provides extensive support to businesses in troubled financial situations. The new partners there are Isabelle Gross, Jane Steer, Katie Lightstone, Kim Milward-Oliver, Toby Banfield and Zena Alston.

The forensic services group works to help clients protect their reputations. David Dignam, Harry Holdstock and Kristen Pisciotta have been admitted as partners there, and will support organisations by getting major projects back on track, investigating and remediating financial crime, managing crisis situations and resolving disputes.

Corporate finance provides a full range of mergers and acquisitions and financial advisory services. Jeremy Sweetnam and Tom Copeland have become partners in the team, helpingclients realise their ambitions, and apply their unique breadth of skills with the strength of PwC's broader advisory capability and industry knowledge to deliver exceptional value.

Transactions services finally combines financial, commercial and operational expertise with data-driven insights to create value across all stages of the deal lifecycle. The new partners there are Bobby Maclay, Edward Johns, Gary Olney, Richard Nolan, Ruta Kmiliauskaite, Sarah Middleton and Tony Davis.