Interpath Advisory today announces it is broadening its suite of advisory service offerings, with the appointment of four managing directors to build and grow new Forensic, Valuations, M&A and Transaction Services capabilities.
Additionally, the firm is announcing the appointment of two new directors within Forensic and Debt Advisory.
Dominic Wreford, a senior forensic specialist, joins the firm from Duff & Phelps, where he notably founded the firm’s Disputes & Investigations practice across EMEA. He has more than 25 years’ experience in high-value disputes, both in litigation and arbitration; has undertaken fraud and financial investigations; and has given evidence numerous times in the UK High Court and at international arbitration. In his new role, Dominic will build and grow Interpath’s Disputes, Investigations and Forensic Technology service lines, as well as working closely with David Standish and Kristina Kicks on contentious insolvency and asset recovery engagements.
Joining Dominic to help build out the firm’s new Forensic practice is director Adrian Smith, a forensic accountant and loss and damages expert, with 24 years’ experience in fraud and regulatory investigations, high-value disputes, international arbitration, and civil and criminal litigation. Adrian has given evidence in the UK High Court. He joins Interpath from FTI Consulting, where he was a managing director in the firm’s Economic and Financial Consulting practice.
Also joining Interpath is Steve Taylor, a valuations specialist who has spent the past two years leading his own award-winning venture, St James Valuations. He previously led EY’s Valuations practice first across the UK, and then EMEIA. He has particular expertise in commercial engagements including fairness opinions, fund raisings, restructuring and litigation.
Two of the new senior hires see Interpath take its first steps into mainstream Deal Advisory services. Collectively, they have 50 years’ experience of advising on corporate transactions involving corporate, private equity or private clients.
M&A specialist Neil Sumner joins Interpath from PwC and in his new role, will look to build and grow the firm’s Corporate Finance service line, supporting businesses with both buyside and sellside advice. During his career, he has been an adviser on a wide range of transactions in the corporate and private equity markets and also as a deal principal for IMI plc.
Russell Worrall joins Interpath to build and lead its new Transaction Services offering, including buy—side and sell-side due diligence and vendor assistance services. Russell spent 24 years with PwC where he held various roles including leading the Transactions Services team across the Midlands, and the National Transaction Services Industrial Products and Services practice. He has a superb reputation across the market, working on some 500 transactions over the past 30 years with deal sizes ranging from £1million to in excess of £3billion.
Alongside its market-leading restructuring and turnaround business, Interpath also has well-established debt advisory, pensions and tax capabilities. The Debt Advisory team, led by John Miesner, is celebrating the arrival of experienced new director Sandra Kylassam-Pillay, a specialist Debt Advisor who has spent over a decade working for the likes of Many Waters Capital, PwC and also within the banking sector. Sandra’s arrival is hot on the heels of that of Ben Smith, who also joined the fast-growing team as director last month.
Blair Nimmo, chief executive of Interpath Advisory, commented: “Since our launch in the spring, we have not shied away from the fact that our ambition is to become the leading multi-disciplinary financial advisory firm, expanding into new business lines and markets, as well as growing our existing suite of advisory services alongside our market-leading restructuring and turnaround business.
“The arrival of these four new managing directors – all hugely respected within their fields - is a significant milestone in our three-year growth plan. With a buoyant transactions market, it’s an exciting time to be taking our first steps into the world of mainstream Deal Advisory, while we also think the opportunity is there to build market-leading valuations and forensic practices that have the independence and agility to react to complex engagements.”
Quotes from Interpath’s new Managing Directors
Dominic Wreford, head of Forensic at Interpath, said: “I’m thrilled to be joining Interpath where we have a fantastic opportunity to create and build a new, differentiated forensic offering, comprising commercial litigation, disputes, and arbitration expert witness services, all the way through to fraud investigations and remediation.
“We have enormous energy and hunger to grow, with the ambition to soon become a market-leading forensic practice with an international footprint. Alongside Interpath’s outstanding contentious insolvency and asset recovery team, our strength lies in managing challenging situations and remaining unwavering in the face of difficult decisions. Our approach is clear and principled, and we have specialist knowledge of a wide range of sectors, regulatory bodies, and jurisdictions.”
Steve Taylor, head of Valuations for Interpath, said: “Periods of significant change or turbulence in the market, particularly that which we’ve seen over the past couple of years, will always drive a need for organisations to seek a clear understanding of the value of their businesses and assets. Whether its assessing where value breaks in a structure, helping institutions understand the value of non-performing loan portfolios, or assessing impairment considerations in the wake of COVID-19, the demand for independent advice has never been more vital. I’m delighted to be joining Interpath, where I believe our ability to operate at speed in a conflict-free setting will be a real differentiator in the market.”
Neil Sumner, head of M&A at Interpath, said: “We’re currently witnessing a red hot M&A market, driven by renewed confidence amongst investors who have significant amounts of capital available, coupled with assets coming to market after a prolonged period of economic uncertainty. Against this backdrop, there couldn’t be a more exciting time to build out this new Deal Advisory capability with a team of highly experienced deal makers.”
Russell Worrall, head of Transaction Services for Interpath, said: “Vendors and acquirers alike are looking for advisors who can help them take advantage of these dynamic market conditions. We are a hands-on senior team with a strong commercial outlook who can provide clear-headed advice that makes a meaningful difference to the outcome of a transaction. Crucially, our independence as Interpath allows us to be refreshingly agile and nimble in our approach, with the expertise and insights gained over many years working within the Big Four.”