Interpath Advisory has announced the hire of experienced corporate financier Nick Parkhouse to lead its Financial Services Deal Advisory offering in the UK.
Nick, who will join Interpath as Managing Director in March 2024, was previously a partner at EY heading up the Financial Services Corporate Finance practice, advising and supporting European Financial Services businesses in raising finance and executing M&A transactions to support their ambitions whether through organic growth, refinance or acquisitions. Prior to EY, Nick worked in banking, where he focused on structured finance including securitisation.
He has led on a number of high-profile mid-market Financial Services transactions in recent years, including advising on Octopus Electric Vehicles’ £150m funding from Pollen Street Capital; funding the management buyout of MT Finance; the sale of Aldermore Bank’s working capital division to Bibby Financial Services; and the transfer of BNP Paribas Leasing Solutions UK’s contract hire business to Novuna Vehicle Solutions.
Mark Raddan, head of Advisory for Interpath, said: “Hiring someone of Nick’s calibre and experience is a real coup for us as we continue to scale and grow our deal advisory capabilities, and in particular, as we build on our market-leading credentials in the Financial Services sector. In particular, the continued growth of fintech and other tech enabled services and products mean that the already-buoyant transaction activtity across financial services is forecast to increase further over the years ahead.”
Nick Parkhouse added: “I’m delighted to be joining Interpath at what is a fascinating time to be working in the FS deals space. With ongoing macro-economic uncertainty and volatility, the combination of a new specialist financial services transactions team, alongside the wider advisory and restructuring strength of Interpath means we will be able to service almost any client need, irrespective of economic conditions.”
He added: “Having followed Interpath’s growth journey since its launch in 2021, the scale and strength of ambition across the business is enormously exciting. In particular, the combination of Big 4 quality and boutique agility, coupled with freedom from audit conflict restrictions is undoubtedly conducive to success in the market. I can’t wait to get started when I officially come on board in the spring.”
