News: CCBS and TIG Corporate Finance celebrate Deal of the Year 2023
We were proud to see one of our deals win Corporate Finance Deal of the Year 2023 at the North East Accountancy Awards earlier this summer.
As you will know we are not corporate finance advisors, but we collaborated with Gateshead-based TIG Corporate Finance on the transaction which supported a Management Buy-Out of Washington-based NA College. Barry Gill, Managing Director at TIG, provided corporate finance advice to the vendor and CCBS sourced the funding through Shard Credit Partners, who facilitated the transaction. It involved a number of corporate partners working together and this collaborative approach is what led the judges to award it Deal of the Year.
Mr Gill said of the win: “It was an important deal for the region and one I am personally proud to be part of. Investment for the MBO was supported by Shard Credit Partners and led to a female-led board of directors taking control of NA College whilst the ownership of the company remained in the North East.”
Peter Cromarty of CCBS Group said: “It was a real pleasure to work on this deal with the management team, TIG Corporate and Shard Credit Partners to deliver a great deal all around. I look forward to seeing the business go from strength to strength.”
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