Navigating the road ahead: a lender’s view By Owen Malton of DSW Debt Advisory I left Clydesdale Yorkshire Bank – now known as Virgin Money – a month or so ago and am delighted to have joined Dow Schofield Watts (which has an enviable reputation) working in the Debt Advisory team alongside Phil Tarimo. I … Continued
Senior bankers join DSW Debt Advisory DSW Debt Advisory – which helps companies to raise debt funding – has made two new senior appointments. Owen Malton joins from Virgin Money, previously Yorkshire and Clydesdale Bank, where he led the North of England structured finance business, while Matt Thomas was a director within the same team. … Continued
What is a career in professional services like? A Q&A with DSW’s Young Professionals A few weeks ago, in a canal-side bar in Deansgate, we gathered our new starters and a group of Northwest young professionals for a relaxed networking session over after-work drinks. Not only was it an excellent opportunity to introduce our employees … Continued
Stating the obvious (Part 1): Covenant breaches By Gavin Harrison My apologies upfront for the attention-seeking headline; but given this is a business article written by an Accountant/ex-Banker, I’m pretty confident that no-one will be expecting ground-breaking revelations, so I may as well be honest! On the subject of dealing with a Covenant breach however, … Continued
Funding an employee ownership trust: DSW offers capital for advisory firms planning a buy-out Are you a professional services business considering an employee buy-out? Perhaps you are a founder or shareholder of the firm who is now seeking an exit? If so, Dow Schofield Watts may be able to help you fund the deal – … Continued
Jolly Hockey sticks?! – Understanding the underlying profitability profile of a growing business by Gavin Harrison During my early days in banking, while learning the signs of what a ‘good business’ looks like, something that I regularly heard from Credit departments and Senior Management was “Another Hockey Stick forecast! Seen a thousand of these, they’ll … Continued
DSW Debt Advisory expands team DSW Debt Advisory – which helps businesses to raise debt funding and is part of the Dow Schofield Watts group – has appointed Chris Carter as Manager. Chris, who will be based in the Daresbury office, has over 15 years’ experience in banking, investment and corporate finance. Having started … Continued
£2m grant fund aims to attract professional services teams Dow Schofield Watts has earmarked £2m in grant funding to attract professional services teams as it seeks to expand its UK footprint. The Dow Schofield Watts Entrepreneurship Grant scheme will be open to ‘break-out teams’ from top-tier firms who want to set up their own business … Continued
The post-Covid dilemma for professionals – and why it’s time for change in the accountancy sector Pandemics and other periods of global turmoil often create lasting shifts in society and Covid is no different. The events of the past 18 months have accelerated the uptake of technology, changed the way we live and work and … Continued
Dow Schofield Watts continues growth with launch of new Reading office Dow Schofield Watts has launched a new office in Reading as part of its continued expansion across the UK. The firm, which is known as a ‘challenger brand’ in the accountancy sector, operates a unique licensing model that empowers professionals to run their own … Continued
Dow Schofield Watts Debt Advisory expands to London and South East Dow Schofield Watts has expanded its debt fundraising arm with the launch of a new operation covering London and the South East. Gavin Harrison has joined as head of DSW Debt Advisory in the region. Gavin has spent over 20 years in banking and finance, having started his career at PwC and worked … Continued
DSW Debt Advisory expands team DSW Debt Advisory – which advises businesses on raising a wide variety of debt funding and is part of the Dow Schofield Watts group – has appointed Lynn Li as Manager. Lynn joins from Deloitte in Manchester where, as part of the debt advisory team, she worked on a wide … Continued
Halifax travel firm which supports golfers on the PGA European Tour secures backing from ThinCats Fairway International Travel (FIT), an independent travel management company, has been supported by ThinCats with £1.5m in working capital. ThinCats was introduced by Phil Tarimo at Dow Schofield Watts Debt Advisory to provide the bespoke funding package needed. Founded in … Continued
DSW Debt Advisory – the new service launched just before the lockdown to help companies raise debt funding – has attracted another senior banking figure. Simon Carrier, who recently departed his post as Regional Managing Director of Shawbrook Bank, has joined as a Partner to help meet the growing demand. Simon’s 25–year banking career includes spells at RBS, Bank of Ireland and Santander where, as Regional Director of its corporate and commercial arm, he helped introduce its business banking service across Merseyside, Lancashire and Cheshire. DSW Debt … Continued
Top banker joins Dow Schofield Watts to launch new service One of the North’s best known bankers has joined Dow Schofield Watts to launch a debt advisory arm. Phil Tarimo will lead the new service, DSW Debt Advisory, which is aimed at medium-sized companies seeking debt funding of £20m or above. It will initially operate from the firm’s Northern offices but the aim is to roll it out nationally. Phil, who was the North of England Regional Managing Director for … Continued