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KCFA featured in South East Business

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Kent Corporate Finance Alliance (KCFA) members have been involved in some of the biggest financial deals to take place in Kent during 2012, leading the way in regional focus and growth in the financial industry, writes Robert de Fougerolles, chairman of KCFA.

It is not often that a group of more than 20 firms of professional advisers in the financial sector, some potential competitors, will work together on keeping business sustained and growing in their region. This is the main focal point for the KCFA, which was developed in 2010, and is even stronger today in 2012 with 27 active members. With the economic downturn very apparent in the UK and suggestions of no recovery until at least 2015, you wouldn’t be mistaken for expecting firms to take the ‘every man for himself’ approach. However the KCFA members continue to consistently work together to assist businesses in Kent, and the South East in their financial needs.

Likely to be one of Kent’s biggest deals this year at £35.7m, the sale of Hillreed Homes to the UK’s biggest house builder, Persimmon PLC, included two KCFA founder members; asb law and Reeves, who both advised the selling shareholders. Reeves, one of the major accountancy and financial service firms practicing in the South East, have seen great success in Kent this year, with a significant increase in transactions.

Assisted by KCFA member Meta Corporate Finance in their recent Management Buyout, SecureData have brought great growth and prospects to the region. Based in Kent since 1992, SecureData turned over £20m in 2012 and as part of the MBO has committed funding to pursue a strategy to build a £50m IT security services provider through a series of acquisitions.

Working alongside KCFA member Acumensa Consulting, Meta also completed an MBO in April of this year with Cavendish Medical Limited, who had successfully built the business and client bank to a level where funds under management exceed £110m.

KCFA members also include Wilkins Kennedy who have been an integral part of the Kent financial scene for over 80 years, with strong local community links and continually providing expertise and advice to local Kent businesses through networking, events and seminars.

All the members of KCFA are keen to do all they can to promote business in Kent and to support growth across the region. 




Author:Kent Corporate Finance Alliance

Source:https://www.kcfa.co.uk