Friday, March 8, 2013

David Frith appoint Deloitte as a partner in the North East

Deloitte is expanding its corporate finance and advisory business presence in the appointment of David Frith as a partner in the North East corporate finance skills.

Frith has a lot of experience in corporate finance and has advised on over 100 transactions including acquisitions, divestitures, equity and debt raising finance, buyouts and IPOs and helps businesses meet the challenges of the current economic climate. He said: "The expansion of the company's financial and business consulting offer from our office in Newcastle reflects the increasing number of advisory projects we do. 2011 was a wonderful year for Deloitte's Newcastle office with significant involvement in several large transactions that occurred in the North East, including the acquisition of Northumbrian Water CKI, Executel sell and get EAGA Carillion PLC.

"In addition to Deloitte works with both the public and private help to design and deliver cost reduction program, refinancings and financial functions created to encourage increased operational performance.

"Confidence remains a key issue affecting most businesses but there is a clear sense that businesses in the region reacted positively challenge and we are working closely with the management team and stakeholders to develop a strategy for growth, which often includes M & A side. Growing corporate finance advisory services to Newcastle office is a natural next step to support local business growth aspirations. '

Paul Feechan, senior partner at Deloitte offices in Newcastle, added: "We continue to grow our tax, corporate finance and auditing practices in responding to our clients' needs for high quality advice uncertain times. David is a specialist skill our existing expertise and he will play a major role in providing corporate finance and business advisory services. '

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