Lexington Corporate Finance (LXN) has reported a successful year after almost doubling its fee growth in 2020. During this period, the team has also grown to nine heads. A Commercial Director, an Associate Director and a Marketing Executive all joined in the final quarter of 2020 following a recruitment process to invest in the business that was put in progress earlier in the year. The team worked on a number of high profile transactions right across the UK including the investment by the BGF in Emma Bridgewater and the MBO of Improve International backed by RJD Partners.
Nigel Griffiths joins LXN as a Director. Nigel is a Chartered Accountant of 30 years standing, having trained with Ernst and Young. He has been in business for 25 years and has led nine acquisitions and five disposals as a client – he has an intimate knowledge of what’s required to complete a transaction from the perspective of the business owner and Lexington will leverage all of Nigel’s business experience to enhance the service that it provides to all its clients. As a Commercial Director, Nigel will have responsibility to steward Lexington through its next stage of development and execute and deliver upon its significant growth plans for the future.
Tom Coombes joined Lexington’s team in November 2020 as an Associate Director, after spending five years with KPMG as part of the Corporate Finance team in the South West. He has significant experience in Corporate Finance lead advisory and specialises in trade and sponsor backed buy-side and sell-side transactions. He has recent relevant deal experience in a range of sectors across the mid-market, advising on deals ranging from £5m to £125m in value.
Last month the firm also promoted Charlotte Mancuso from Assistant Manager to Manager.
Charlotte joined Lexington’s team in 2017 and her promotion is a reflection of the positive difference she has made on a number of the successful transactions that Lexington completed in 2020 including the MBO of IRG.
2021 is looking very similar to 2020 for LXN and there is a clear plan to deliver upon its future growth strategy. Thomas Edwards Director at LXN said “We are looking forward to 2021 with confidence. We have grown in 2020 despite the surreal conditions all businesses have been faced with – the talent pool of the LXN team is now the strongest it has ever been. We completed a number of exciting deals in 2020 and are forecasting the same in 2021. We entered into this year with a number of live projects and a healthy pipeline of opportunity.”
About Lexington Corporate Finance:
Lexington Corporate Finance is an entrepreneurial corporate advisory boutique providing hands-on, trusted advice to companies and their owners seeking to facilitate growth and crystallise value.
They work with businesses, entrepreneurs and investors who want an experienced professional advisor that shares in their desire and ambitions for success. From strategic advice on growth plans, fund raising, acquisitions, disposals or spin outs, we will add value.
Photo from left to right – Thomas Edwards, Nigel Griffiths and Tom Coombes