Joining from Blake Morgan, Mr Sutton will focus on the continued development of the department and advising the firm's corporate clients on mergers, acquisitions, management buy-ins
and buy-outs and private equity investments.
It is one of the few organisations locally which is actively lending to start-up companies and can also support expansions, management buyouts, management buy-ins
, mergers and acquisitions.
The "disappointing" figures for firms headquartered in the West Midlands came as nationally 31 MBOs and management buy-ins
were completed - down from the 47 recorded in the fourth quarter of 2012.
"Despite the ups-and-downs of the past decade we are still seeing businesses with sound plans for start-ups, expansions or management buy-ins
and buy-outs." Steve Hale had tried a number of sources to finance his new business, Shuttermedia Ltd, without success before he found UK Steel Enterprise.
"We now have "in house " capability to structure most transactions including specialist property lending, trade finance, asset and invoice finance and management buy-outs and management buy-ins
Other situations in which equity and mezzanine investments can work include management buy-outs,(where the current management team of a business buy the company from its shareholders) and management buy-ins
where an external management team buy the company.
A spokesman said : "There is no truth in the rumour that NCB is for sale, or that there is any discussion about management buy-outs, management buy-ins
or joint ventures or anything else.
This paper reports on a study of management buy-ins
in the UK and examines the characteristics of the Team Leaders and influences on post-buy-in development.
Clearwater offers tailored corporate fi-nance solutions to private companies, owner managers, management teams, major groups and venture capital houses on a variety of transactions including exit strategies, company sales, management buyouts and management buy-ins
, corporate acquisitions and development and replacement capital.
HSBC's Ed White said: "Although management buy-ins
are not as commonplace as they once were, we are seeing an increase in interest in this area.
Geary and Gondren completed the deal with funding the Co-operative Bank and GE Capital Finance and advice was provided by Sterling Corporate Finance, the Leeds-based firm that specialises in deals including management buy-ins
He will lead a six-strong team based across Yorkshire and the North-east that specialises in providing bespoke funding solutions to support leveraged finance transactions such as acquisitions, management buy-outs and management buy-ins