Small and mid-cap advisory firms merge

Singer Capital Markets and N+1 Brewin are merging to form a new corporate advisory and broking business.


Singer Capital Markets and N+1 Brewin are merging to form a new corporate advisory and broking business.

Two small and mid-cap advisory firms are coming together to form a new venture which will put the combined worth in the top five corporate advisory and broking firms in the UK.
 
Under its new guise, N+1 Singer will combine Singer’s London presence with N+1 Brewin’s regional locations in Edinburgh, Leeds and Newcastle.
 
N+1 Singer will have 110 professionals and will provide services including corporate advisory, broking, equity research and sales.
 
So far in 2012 the two firms in their own capacity have raised £323 million in 14 transactions.
 
The new board will be headed up by chairman of N+1 Group Santiago Eguidazu, who will take up the role of chairman and current chief executive of Singer Tim Cockroft as N+1 Singer chief executive.
 
Eguidazu comments, ‘N+1 Singer clients will strongly benefit from N+1’s well established international presence. Leveraging on N+1’s platform and track record, our clients will get access to a broader advisory services offering including strong M&A and debt advisory.’
 
Cockroft says the two businesses are ‘highly complementary’, with a strong fit between the teams of the two firms in terms of sectors and profile.
 
London-based Singer Capital Markets was formed in 2006 and currently advises 66 corporate clients, researches 135 companies and makes markets in 500 quoted UK companies.
 
N+1 Brewin was established after N+1 Group acquired the corporate advisory and broking businesses of Brewin Dolphin earlier in 2012 and advises 64 UK quoted businesses.

Hunter Ruthven

Bernard Williamson

Hunter was the Editor for GrowthBusiness.co.uk from 2012 to 2014, before moving on to Caspian Media Ltd to be Editor of Real Business.

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