Ms Davies will join the corporate department and will be involved in all elements of corporate finance including mergers, acquisitions, management buy ins
, management buy outs and private equity investments for a range of clients, specifically within the life science and healthcare, technology and pharmaceutical sectors.
In his new role Mr Needham will lead a six-strong team that specialises in providing bespoke funding solutions to support leveraged financed transactions such as acquisitions, management buyout and management buy ins
Begbies Traynor office managing partner John Kelly, president of the Birmingham & West Midlands Society of Chartered Accountants, said: "Many hard pressed businesses will feel this rise, and it is even worse for highly geared management buyouts and management buy ins
of which there have been several in the last year.
Over the year we have had a large number of high quality projects with good growth potential coming to us for investment from business start-ups and management buy ins
or buyouts to existing companies looking to expand" says Area Manager Simon Hamilton.