BDO Launches Debt Advisory Practice and Appoints McDonald as Head

UK-based Accountancy and business advisory firm BDO has launched its debt advisory practice with the appointment of Ross McDonald as head of debt advisory. McDonald will be focused on developing the debt advisory business, through working with private equity owned, private and listed companies on accessing public and private debt capital markets.

PRESS RELEASE

BDO LLP, the accountancy and business advisory firm, today announced the appointment of Ross McDonald as Head of Debt Advisory.

Ross will be focused on developing a market-leading debt advisory business, through working with private equity owned, private and listed companies on accessing public and private debt capital markets.

The team will be able to support borrowers right across their credit life cycle, from raising new debt for healthy companies, to amendment processes for more stressed situations.

Peter Hemington, Head of Mergers & Acquisitions, BDO LLP said: “Debt advisory is a major opportunity for BDO’s Corporate Finance team as the difficult environment for raising debt finance increases, requiring companies to understand all their options. Ross’s appointment marks a new chapter in the development of our Corporate Finance offering and we are very pleased to have him on board.”

Ross joins BDO from Deloitte, where he spent ten years working in Corporate Finance, specialising in debt advisory. During this time he advised companies in reviewing their debt funding options and raising debt capital across a range of different situations. His experience includes advising on the refinancing of Mothercare Plc and raising acquisition finance to support Vitruvian’s investment in Healthcare at Home and Betfred’s acquisition of the Tote. Ross is a Chartered Accountant and a member of the Association of Corporate Treasurers.

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Note to editors
BDO LLP, a UK limited liability partnership registered in England and Wales under number OC305127, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. A list of members’ names is open to inspection at our registered office, 55 Baker Street, London W1U 7EU. BDO LLP is authorised and regulated by the Financial Services Authority to conduct investment business.

The combined fee income of all the BDO Member Firms, including the members of their exclusive alliances, was €4.06 billion in 2011. The global network provides business advisory services in 135 countries, with almost 48,800 people working out of 1,118 offices, worldwide.

BDO is the brand name for the BDO International network and for each of the BDO Member Firms.

BDO Northern Ireland, a partnership formed in and under the laws of Northern Ireland, is licensed to operate within the international BDO network of independent member firms.

BDO LLP has a clear ambition to be the firm known in the market for exceptional service delivered by empowered people. The 2011/12 Mid Market Monitor analysis – completed in April 2012 – shows that BDO has now indeed become market leader for client satisfaction – outperforming all its major competitors and the only organisation to see an improvement over the past three years.