Cadence Advisory adds Joe Wood to partner team

24 May 2024 Consultancy.uk

Cadence Advisory has appointed Joe Wood as a new partner. Working from London, he will now work to support organic growth and enhance sponsor-backed transactions.

Founded in 2017, Cadence Advisory is a specialist debt consultancy, offering expert advice across all aspects of asset based lending and multi-tiered debt structures. With more than 25 years of experience spread through the team, the firm offers services including facility planning, financial modelling, collateral audit, full process and stakeholder management, and legal negotiation.

As Cadence looks to expand its team, the firm has announced the appointment of Joe Wood as partner to support organic growth. With a deep understanding of complex financial structures, Cadence believes Wood is well-positioned to provide strategic guidance to clients, and with a focus on asset-based finance, assisting private equity-backed companies in sourcing, negotiating, and optimising debt finance.

Cadence Advisory adds Joe Wood to partner team

Joe Wood, Partner, Cadence Advisory

Commenting on the appointment, Managing Partner John Weeden said, “We are delighted to have Joe onboard. His modelling expertise and experience working within Private Equity makes him an asset to the quickly growing Cadence team.”

Prior to joining Cadence Advisory, Wood started his career supporting startups that were looking for funding, before moving to Aurelius Private Equity, working as an in-house debt advisor supporting all of the UK and US, and some of the Nordic and EMEA transactions ranging from £1 million to £300 million transactions. From those engagements, he has developed a wealth of experience and an extensive network of lenders in both the UK and European markets.

Businesses have faced a perfect storm of challenges in the last twelve months: slow economic growth, rising interest rates, geopolitical unrest and struggles to curb inflation. Despite all that, the final months of 2023 saw an uptick in UK deals market. With green shoots in the economy bringing deals out of hibernation, demand for debt advisory services, used by private equity players to facilitate mergers and acquisitions, is on the rise. This will make Wood’s arrival particularly important.

Speaking on his new challenge, Wood added, “I am thrilled to be joining Cadence Advisory at such an exciting time. The financial landscape is becoming increasingly complex and companies are seeking the best financing solutions from a variety of sources and structures.”