The business worth $50b (Pounds 35.46m) has completed over 900 deals globally and has grown exponentially over the past three years.
Chaired by Roger Freeman, a former PwC partner, board members include Gavin Casey, former chief executive of the London Stock Exchange, Tony McGarry, former director of business development at Bae and Charles Villiers, former deputy chairman of Abbey National and chairman of County NatWest.
Freeman said: ‘Over the last three years PricewaterhouseCoopers Corporate Finance has achieved much, virtually doubling its average deal size and deepening its industry knowledge and international network.’
The advisory board consisting of nine members in total with specific industry sector knowledge will advise PwC’s teams on new business targeting, how to approach target companies and relationship building.
2001 has been a testing year for corporate finance businesses, particularly in the field of mergers and acquisitions. However experts predict there is still high demand for industries in the ‘old economy’ sector.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.