press release splash

Momentum Corporate Finance

MOMENTUM CORPORATE FINANCE CO-FOUNDER IS SOUTH WEST “DEALMAKER OF THE YEAR”

Tony Kenny, partner at Bristol-based Momentum Corporate Finance, has scooped the top accolade at this year‘s South West Deals Awards.

Mr Kenny, who set up Momentum with former PwC colleague Rob Crews in 2005, was crowned Dealmaker of the Year in front of 400 people at a ceremony held at Bristol City FC‘s Ashton Gate stadium.

The judges commented that Mr Kenny had done more than anyone to encourage an enterprise culture in the region, and that Momentum was marked out by its two partners‘ willingness to invest their own capital in the deals they handle.

In addition to the main award, Momentum Corporate Finance was nominated in the Team of the Year category, while Assistant Director Alastair Boorman – the firm‘s first-ever employee - was shortlisted for the Young Dealmaker of the Year award.   

This latest success follows Momentum‘s best-ever half-year. In the six months to June, Momentum completed four mid-market transactions with a combined value of more than £130 million.

So far this year the firm has handled:

the sale of UK fire systems specialists, Hall & Kay, to UTC Fire & Security of the USA

the MBO of Bristol-based Tocris Cookson, world leaders in small-molecule chemical products

the MBO of Williams Medical Supplies, the UK‘s leading supplier to the primary care market

the sale of Rochford Thompson Equipment Ltd., the world‘s leading specialist in providing security technology for airlines and immigration authorities

Momentum also figured prominently at last year‘s South West Deals Awards, winning “Deal of the Year” for the £40 million venture capital exit for the owner-managers of national property maintenance company, Integral.  

“Winning ‘Dealmaker of the Year‘ provides further confirmation of what we have known for some time – that Momentum Corporate Finance has rapidly established itself as the West of England‘s leading adviser on MBOs and disposals,” says Tony Kenny.

“While it is obviously gratifying to receive the individual award this year, our two other nominations highlight the overall quality of our team and the service we deliver to our clients.”

 ENDS             27th September 2007

For further information please contact Neil Fraser, Sturgess Van Damme, on 01275 349011 or email neil@sturgessvandamme.co.uk