Richard Siddall named Head of Debt & Capital Advisory at PwC
PwC has named Richard Siddall as its next Head of Debt & Capital Advisory. He takes over from John Williams, who retires in the summer.
For six years, John Williams has held the role of Debt & Capital Advisory (DCA) Partner with PwC. In that capacity, he has provided financing solutions for corporate and private equity clients with a funding need, including acquisition funding, funding for expansion, dividend recapitalisations, and staple financing to support business exits.
“It has been an absolute privilege to lead the DCA team at PwC,” said Williams, who will step down in June. “We have built a team that has great coverage of the entire market, leading expertise across a range of debt products but also market leading technology that allows us to navigate those financing markets effectively for our clients.”
As the economy recovers from the pandemic, debt markets are providing borrowers options from a variety of lender pools. With multiple options available, and increasing complexity in terms of debt structures, companies are turning to PwC to help navigate these markets and raise the funding they need.
The PwC DCA team helps businesses to identify and implement financing solutions that support key strategic objectives. It provides management teams and shareholders with independent advice on financing strategy in order to address a range of objectives, whether that be funding a growth agenda; how to get the best deal when resolving upcoming debt maturities; or accessing alternative sources of liquidity.
Stepping into Williams’ shoes in the summer, and helping PwC’s clients find the best fit for their financing options, is Richard Siddall. Having spent 17 years with the Big Four firm, Siddall became a Partner in 2016. He will now work alongside partners David Godbee and Adam Horey to build on Williams’ legacy in the DCA wing.
In a personal statement on LinkedIn – which has received almost 700 likes and comments from well-wishers and colleagues – Siddall noted, “I'm both delighted and proud to have been asked to lead PwC’s established and growing Debt & Capital Advisory team. The business has had an excellent year serving a wide range of corporate and institutional clients – raising flexible facilities, utilising a diverse spectrum of debt product solutions.”
