FinnCap Group plc said Sept. 23 that Leigh Webb has joined the firm. Webb will head finnCap’s private equity sponsor coverage and expand its M&A advisory business across the mid-market private equity community. He was previously associate director of RSM.
FINNCAP GROUP APPOINTS HEAD OF SPONSOR COVERAGE
TO EXPAND ITS M&A ADVISORY BUSINESS
Leigh Webb brings an extensive track record in private equity sponsor coverage
in the UK mid-market
London, 23rd September 2019 – finnCap Group plc (“finnCap”), a leading adviser and broker to ambitious growth companies, is delighted to announce that it has appointed highly-experienced specialist Leigh Webb to head its private equity sponsor coverage and expand its M&A advisory business across the mid-market private equity community.
He brings an extensive track record in private equity sponsor coverage and his arrival will further strengthen finnCap Group’s offering in the mid-market advisory arena with private equity backed businesses, which make up such a significant portion of the growth company landscape.
Leigh Webb joins finnCap from leading business advisory firm RSM where as an Associate Director he was a key member of the team focused on UK private equity sponsor coverage for a number of years. His most recent experience has focused primarily on mid-market deals.
His arrival builds on the expansion of finnCap Group’s debt advisory team earlier this year with two senior new hires, which enhanced finnCap’s ability to source and structure debt finance for its clients from an increasingly diverse range of lenders. The debt advisory team works across public and private, sponsored and non-sponsored businesses to advise on the appropriate level of debt to help them accelerate their growth.
Private-equity backed businesses are increasing their share of the growth company arena. The British Business Bank’s most recent report, published in February this year, covering the first ten months of last year, reveals that private equity/VC firms continue to be the most prominent equity investors in UK SMEs, involved in 422 equity deals, which is 39% of total private equity/VC deals.
Sam Smith, Chief Executive of finnCap Group plc, comments: “I am very pleased to welcome Leigh to the finnCap Group and look forward to working with him as we continue to enhance the Group’s capabilities. Leigh brings with him a wealth of experience from one of the UK’s leading professional services firms, and he will be a significant asset as we expand our M&A advisory business across the mid-market private equity arena and enhance our profile as the firm with the most comprehensive suite of services for the UK’s ambitious growth companies.”
Leigh Webb, Head of Private Equity Coverage, comments: “I am thrilled to be joining finnCap Group, for what is a fantastic opportunity within a forward thinking and progressive business. finnCap’s 2018 acquisition of leading corporate finance advisory firm Cavendish has only further strengthened its ability to advise middle market businesses on their future transactions. I am looking forward to building our private equity sponsor coverage team and this new challenge has come at a perfect point in my career. “