16 May 2019
Business and finance adviser Grant Thornton has appointed corporate finance and private equity specialist Gary Hyem as director in its Birmingham office.
With 25 years’ deal-making experience, Mr Hyem joins Grant Thornton from Cattaneo Corporate Finance, which he joined in 2012.
Previous senior roles include setting up the Birmingham office of M3 Corporate Finance, as a director of Clearwater International and a partner at private equity investor, Baring English Growth Fund, where he originated and negotiated investments and played a key role in their ongoing management.
Mr Hyem’s early corporate finance career was spent at PwC and EY.
Mr Hyem has been involved with notable region deals, including the £22.5m management buy-out of Precision Micro, backed by private equity investor LDC, and the secondary buy-out of £40m-turnover specialist healthcare equipment manufacturer, Prism Medical UK, from LDC in a deal funded by Limerston Capital.
Mr Hyem also led on the recent disposal of UK and US-based Dartex Coatings to global group Trelleborg AB and advised on the £30m sale of Palletforce, a leading UK pallet network to EmergeVest, a Hong Kong-based private equity house and has since advised the business on various acquisitions.
Grant Thornton partner Nick Gillott, head of the firm’s corporate finance team in the West Midlands, said: “Gary is a highly-experienced and well-connected advisor, having spent in excess of 25 years in the region’s corporate finance market.
“His experience of working on private equity transactions, particularly his direct role on the investment side of the deal making table, will be of particular value to our clients and highly complementary to the skills of our broader team.
“Our Birmingham corporate finance team has doubled in size in the recent past and we will continue to invest in talented people with the skills to advise our clients on their growth ambitions.”
Mr Hyem said: “It’s fantastic to be joining Grant Thornton at a time when, despite Brexit, there are so many opportunities for successful, well-managed businesses.
“Being part of a multi-disciplinary firm working with clients on every aspect of their growth plans will be very rewarding, and I’m looking forward to working closely with both existing and new members of the Birmingham corporate finance team.”
David Hillan, practice leader at Grant Thornton in Birmingham, concluded: “Gary’s skills and experience enhance further our already strong corporate finance team in Birmingham.
“His expertise, and especially his in-depth understanding of the private equity-backed deal arena, complements the senior team perfectly and I’m sure that with Gary’s appointment the team will continue to go from strength to strength.”
Pictured: Gary Hyem (left), newly appointed director at Grant Thornton in Birmingham, pictured with Nick Gillott (right), partner at Grant Thornton.