East Anglia-based chartered accountant and business advisor Price Bailey has announced the formation of a new subsidiary, Price Bailey Strategic Corporate Finance Limited.
The new company is fully FCA approved and brings together the company’s established business strategy and corporate finance teams into a single unified unit, providing a unique combination in the mid-tier market.
“The strategy behind the formation of this subsidiary company is to emphasise to the market that any corporate finance activity should be part of a clear strategic plan, and to provide that service from a single source,” said Simon Blake, Head of Strategic Corporate Finance. “We believe that strategy and corporate finance transactions fit hand in hand. To do otherwise, creates much more likelihood of failure or missed opportunities.”
With a total of 17 advisers and analysts the team is probably the largest in the South East, and provides a broad range of strategy and corporate finance services including mergers and acquisitions, valuations, research, due diligence, sale mandates, financing, restructuring and strategic planning and execution.
This combined expertise has proven successful for many clients including Essex-based Windsor Integrated Services Group Ltd. Nick Mayhew leads one of the Strategic Corporate Finance teams that works closely with the Windsor team in defining and implementing their growth plans, which to date has included acquisitions, refinancing, new project opportunities and leadership development.
One recent project involved the Price Bailey team working with the Windsor management team to develop a product strategy for “Hazibag”, an innovative hazardous waste management service which is quickly being adopted by the UK industry, and the assessment, acquisition and creation of a new business designed to eradicate asbestos, together with supporting the launch strategy, market research and international market entry.
These are great examples of strategic planning for growth using both organic and business acquisition methods to create a solid platform for further growth.
MD of Windsor, Tony Windsor said: “Unlike other practices, Price Bailey was able to provide an integrated approach to our situation, from developing and refining our growth strategy to the successful purchase and establishment of the new businesses in our group; we are seeing significant benefits from this work.”