Lindsay founded and led the real estate finance team at Schroders. He has handled a number of big deals including the £2.3bn sale of BT’s UK real estate business and financing of Arcadia’s Oxford Circus flagship store.
Grant Thorton corporate finance has been instrumental in the £33.2m acquisition of the musical instrument division of Boosey & Hawkes. Rutland Fund Management raised £14.6m of the total and the balance came from debt raised with the Royal Bank of Scotland. Grant Thornton corporate finance partner David Ascott said: ‘This IBO perhaps typifies the current market, with buyouts taking longer to complete as investors seek to confirm their understanding of the underlying business.’
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Senior partner David Elliott has been appointed in KPMG’s Newcastle office