Tenon finance house grows business
Tenon Livingstone Guarantee, the corporate finance subsidiary of listed accountancy consolidator Tenon, is expanding as it takes on additional staff.
Links: Tenon eyes LSE main board
TLG, which specialises in deals ranging from £3m to £100m plus, is increasing personnel at both its London and regional offices.
The London team is being strengthened by the appointment of James Lever to corporate finance director level, while it is seeking three deal originators for its London, Midlands and Manchester offices.
Managing director Tim Lyle said TLG had had a ‘steady start to 2002’.
‘We completed 30 transactions in the first six months of 2002 which is modestly down in number with the same period last year,’ Lyle said, adding that activity levels in most sectors had picked up, but deals were still taking longer to complete.