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Friday, February 23, 2024
AppointmentsNew senior hire for Quantuma’s North West team

New senior hire for Quantuma’s North West team

Business advisory firm Quantuma has appointed Mike Horton as director as it strengthens its North West team and financial advisory practice.

Mike has over 18 years’ experience working in the financial services sector, spending over half of his career advising businesses exhibiting signs of financial distress or entering a formal insolvency process. His expertise spans refinancing, new lending for businesses, portfolio management, and advising corporates and their financial stakeholders in turnaround situations.

Before joining Quantuma, Mike managed the recoveries portfolio of peer-to-peer lender Assetz Capital for over four years. Prior to this role, he worked at Co-op Bank as a credit risk manager, and the Royal Bank of Scotland as a corporate manager within the bank’s global restructuring group.

In his role at Quantuma’s Manchester office, Mike will advise both businesses and a range of financial stakeholders across turnaround and performance improvement, options reviews, crisis and contingency planning, and cash and working capital management.

Mike’s appointment continues the strong headcount growth seen by Quantuma in the North West. Since launching in January 2019, the firm has seen over 100% rise in demand for its services across the region and has expanded to 14 members of staff, with specialisms covering financial advisory, restructuring and insolvency and forensic accounting.

Commenting on his appointment, Mike Horton said: “I’ve been very impressed by the pace at which Quantuma’s team in the North West and the firm’s wider financial advisory practice has grown over the last few years and I’m excited to be joining a firm whose reputation has gone from strength-to-strength. Businesses are entering a critical period where they will need to access advice to help them navigate financial and operation challenges post pandemic and Quantuma is well placed to support those businesses in the North West.”

Robert Parry, managing director at Quantuma, added: “The regional economy has faced significant challenges over the last 12 months and throughout this time, our team has remained committed to supporting the businesses affected. Growing our team is a natural step for us and will allow us to support more businesses than ever across the region. We are pleased to welcome Mike who will be an excellent addition to our Manchester team.”

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