Friday, October 18, 2019

AAB expands equity funding team with key appointment

Philip McGrath
Philip McGrath

Anderson Anderson & Brown LLP (AAB), one of the UK’s leading firms of chartered accountants and business advisors, has appointed Philip McGrath as Corporate Finance Manager in their specialist equity funding team.

Philip has significant experience supporting clients in raising Seed and Series A funding rounds across a wide range of sectors but with particular expertise in technology, food & drink and leisure, retail & hospitality. Philip joins AAB from Grant Thornton in London and will support equity funding mandates across the UK.

Brian McMurray, Head of Equity Funding at AAB commented: “We are delighted to welcome Philip to the team. He brings outstanding skills and knowledge of the London market which adds a new dimension to our dedicated team and will also contribute towards us becoming the go-to firm for growing businesses looking to raise equity funding across the UK.

“Over the last 12 months we have seen a vast increase in the quantum of equity funding mandates in line with our growth strategy to support SMEs in this space. This has resulted in us completing five equity funding deals in the first half of 2019, including the raising of equity funding for Project Heather (Scottish Stock Exchange), eyewear brand Finlay & Co and drinks brand Porter’s Gin. The growth in demand for this work is massively encouraging as we continue to expand in this market. Philip’s appointment will enable us to capitalise on opportunities we have in the pipeline while building new relationships with future targets.”

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