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South: Quantuma records fifth year of strong growth

By Dan Teuton
19 April 2018

Corporate recovery and business advisory firm Quantuma has celebrated its fifth anniversary with another strong financial performance. Turnover for the year to March 31, 2018 rose to £10.4 million, an increase of 10% on 2017.

Managing partner Carl Jackson attributed the continuing growth to two factors - increased profile and a strong focus on recruiting talent.

He cited the firm’s increasing visibility in securing significant appointments including UK-wide retail administrations such as Store 21 and Select, technology appointments such as DO Systems Ltd and the firm’s continuing strength in the legal sector with a number of appointments including Burroughs Day.

“We have also recruited five new partners during the year in Mark Lucas, Mark Sands, Mike Wright, Maxine Reid and Andrew Andronikou, as well as promoting legal sector specialist Sean Bucknall to partner.

“And we expect to announce the recruitment of three more partners in the next two months,” he said.

Quantuma also increased headcount and number offices during the year.

Staff numbers increased from 96 to 122 and offices from seven to ten offices, with London making its third move in four years, due to demand for increased space as staff numbers increased from 13 to 21.

Jackson said: “It is not just at partner level we are committed to recruiting the best, we have also recently made eight internal promotions which demonstrates our faith and confidence in our home-grown talent.”

On April 1, Quantuma acquired South Coast insolvency practice Ashtons Business Recovery and Carl Jackson said he would not rule out further acquisitions in 2018.

“We are focused on growing organically as well as by acquisition and we have a number of running dialogues with interested parties which may or may not lead to deals in the coming months,” he said.

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