Birmingham finance adviser Catalyst Corporate Finance has been shortlisted for two industry awards.
Catalyst, which is based in Bank House on Cherry Street, is up for the BVCA/Real Deals award for Independent Corporate Finance House of the Year and the Mergers and Acquisitions Magazine Award for Boutique of the Year.
The nominations recognise Catalyst’s successful work despite the recent economic downturn and the significant impact this has had on the general M&A market. The firm has completed four deals including the sale of TGE Gas Engineering to a listed Chinese business, the acquisition of West Midlands based PPDG on behalf of Australian Employment Services Holdings and the reverse takeover of privately owned Oxfordshire company, Zenos, by AIM-listed Melorio.
In one recent deal, it defied the market to arrange a £12 million purchase deal for a Midlands medical firm.
It worked on the purchase of CHKS, a Warwickshire firm providing healthcare support services, by outsourcing giants Capita. CHKS was owned by parent company HKI, who were advised by Catalyst on the deal.
Catalyst initially advised HKI on options for investments in its businesses in Spain, which included prospective buyers for the group as a whole, but it later persuaded the firm of the advantages of selling off part of its business.
Andy Currie, the managing partner at Catalyst, said: “We are delighted that all our efforts to deliver and complete deals for our clients have been recognised by our peers.”
The award winners will be announced at dinners to be held in London this month and in May.