Dains announce appointment of new group chair

The Dains Group has appointed David Silver as group chair.

Silver (pictured) brings more than two decades of investment banking experience, most recently serving as Head of European Investment Banking at a US investment bank for nine years.

Throughout his career, he advised on more than 100 M&A transactions worldwide, with a particular focus on white collar and tech enabled services businesses.

A qualified lawyer with an MBA from London Business School, Silver has transitioned in recent years to chair and non-executive roles within private equity-backed professional services firms – including in the accountancy sector.

In addition to his business leadership, he is a trustee of the Multiple Sclerosis Society and sits on its appeal board.

The high-profile appointment follows Dains’ acquisition of Barnes Roffe - it’s largest to date and second after securing private equity investment from IK Partners.

Silvers said: “Dains has a clear vision, a strong reputation and an ambitious leadership team committed to building a market-leading advisory business.

“I look forward to working with Richard and the team to drive the next phase of growth and deliver exceptional outcomes for clients across the UK and Ireland.”

Richard McNeilly, CEO of Dains, said: “David’s appointment as Group Chair marks an exciting milestone for Dains.

“His outstanding track record in M&A, deep understanding of professional services, and experience in scaling private equity-backed businesses make him a powerful addition to our leadership team.

“With David’s support, we’re well placed to accelerate our growth and continue delivering outstanding services to ambitious businesses.”

Pictured: David Silver and Richard McNeilly