Cardiff-based corporate advisory firm Gambit has reported its most successful 12 months in its 30 year history after orchestrating deals with a value of more than £300m.
Gambit, whose corporate finance remit ranging from acquisitions and disposals to MBOS and fundraising, advised on 15 transactions in 2021, including the sale of one of the UK’s largest independent learning providers, Cardiff-based Motivational Preparation College for Training to Learning Curve.
It also providing strategic advice to the British & Irish Lions, helping to secure committed debt facilities and contingency funding options to support its 2021 tour of South Africa and assist the delivery of future rugby programmes.
It also secured funding for Newport-based Veezu, the UK’s leading taxi and private hire company, from MML Capital, while also orchestrating the sale of Premier Forest Group’s Irish subsidiary to Northern Ireland headquartered Murdock Builders Merchants.
Gambit was named by Experian MarketIQ as Wales’ most active financial M&A adviser in the year to Q3 2021. It has maintained this ranking since 2020 and was also named debt adviser of the Year’ at the Finance Monthly M&A Awards for the second successive year.
The firm made several new hires and promotions during the year. Wayne Harvey joined as Partner, having previously been senior partner at Deloitte. Harrie Thorrington, Lloyd Evans and Menna Ward joined as analysts, whilst Sam Forman was promoted to director.
Partner Geraint Rowe said: “We are immensely proud of our talented team for their hard work and determined approach to maximising value for our clients. 2021 was a good for UK M&A activity with deal volumes exceeding 2020 by more than 30%, supported by widespread availability of low-cost capital and an ever-increasing desire to execute transactions.
"The firm continues to expand and we remain optimistic for the next twelve months and beyond, underpinned by favourable sectoral tailwinds, our valued and clients, a strong pipeline and a growing team.”