Quantuma grows headcount by 45% in 12 months
Due to heightened demand, corporate turnaround consultancy Quantuma has grown its team by 45% over the last year. The news coincides with its appointment of Brian Burke as a Managing Director.
While Quantuma has significantly diversified its offering in recent years to include aspects such as pensions and corporate finance advisory, the firm is still best known for its work helping clients under financial stress. Amid the unique crisis presented by the last 18 months of pandemic chaos, this meant the firm was positioned to pick up a heightened workload, during and after the lockdown.
In order to cope with rising demand, the firm committed to a hiring campaign that has seen it boost its headcount by 45%. Welcoming in a net gain of 85 new staff, the firm took its team from 188 to 273 professionals – also using acquisitions to more rapidly grow its team. Since its merger with K3 Capital Group, Quantuma has completed several lucrative deals in the last 12 months. In the first quarter of 2021, this saw the firm use its new backing to add a new international base to its roster with the acquisition of Cayman Islands-based asset recovery business Alchemy, followed by further growth in the UK with its merger with Essex-based business management consultancy Aspect Plus.
At the same time, Quantuma committed to 28 promotions in total. Now, Quantuma has announced its latest promotion, with the arrival of Brian Burke. In his role as Managing Director, he will continue to provide clients with restructuring support, helping to meet the ongoing growth in demand for business advisory services.
Burke commented, “Quantuma has always been an ambitious firm that isn’t afraid to go against the grain, and I knew five years ago that this is the type of company that I wanted to be a part of. The firm has celebrated some huge milestones and growth and we are by no means done. I’m excited to move forward on my journey as managing director and to be joining the team in London to support their continued growth.”
The London based professional joined Quantuma in 2015 from BDO. Throughout his career, he has advised businesses facing financial challenges across sectors as diverse as healthcare, manufacturing, leisure, and construction. His extensive experience working alongside management and stakeholders has helped develop the firm’s capabilities advising businesses in the retail, hospitality and food and beverage sectors.
Andrew Hosking, Head of Quantuma’s London office, added, “Brian has been with the firm for a number of years now and has played an integral role in growing our reputation for delivering best in class business advice to our clients. We’re delighted to be welcoming him to the London office, where he will continue to provide specialist restructuring and insolvency advice to businesses across many sectors and to work with our growing team.”
Further reflecting Quantuma’s growth, earlier in the year the firm announced the relocation of its 40-strong Marlow office to Maidenhead. The move in the Thames Valley came as the firm reported 10% year-on-year team growth in the region.