Business advisory firm Quantuma has promoted Brian Burke to managing director as it celebrates 45 per cent team growth in the last year.

Established in 2013 by Carl Jackson, Quantuma has grown to offer a full range of advisory services from its 22 UK and international offices, including restructuring and insolvency, financial advisory, corporate finance, forensic accounting, and cross border services.

The firm’s impressive growth in the last 12 months has led to the creation of a 273-strong team, up from 188 in 2020.

Burke, a restructuring specialist, joined Quantuma in 2015 from BDO LLP. Throughout his career, he has advised businesses facing financial challenges across sectors as diverse as healthcare, manufacturing, leisure, and construction. His extensive experience working alongside management and stakeholders has helped develop the firm’s capabilities advising businesses in the retail, hospitality and food and beverage sectors. In his role as managing director, he will continue to provide clients with restructuring support, helping to meet the ongoing growth in demand for business advisory services.

Notable cases Burke has recently worked on include the company voluntary arrangement (CVA) of healthy fast food chain Leon Restaurants Limited (Leon), where he and Andrew Andronikou act as Joint Supervisors to oversee the CVA process.

As part of his promotion, Burke will relocate to the firm’s London office in Holborn from Brighton and will continue to provide leading restructuring and insolvency advisory services to a range of businesses.

Quantuma has made 28 promotions in total, including Frank Ofonagoro, who takes a managing director role at its Manchester office.

As part of its acquisitive growth journey, Quantuma has completed several lucrative deals in the last 12 months. In August 2020, Quantuma also completed a merger with AIM-listed K3 Capital Group plc, a multi-disciplinary and complementary professional services group headquartered in Bolton.

In Q1 2021, Quantuma added a new international base to its roster with the acquisition of Cayman Islands-based asset recovery business Alchemy, followed by further growth in the UK with its merger with Essex-based business management consultancy Aspect Plus. It also relocated its 40-strong Thames Valley team to Maidenhead from Marlow, following 10 per cent year-on-year team growth in the region.

Brian Burke said: “Quantuma has always been an ambitious firm that isn’t afraid to go against the grain, and I knew five years ago that this is the type of company that I wanted to be a part of. The firm has celebrated some huge milestones and growth and we are by no means done. I’m excited to move forward on my journey as managing director and to be joining the team in London to support their continued growth.”

Andrew Hosking, managing director and head of Quantuma’s London office, added: “Brian has been with the firm for a number of years now and has played an integral role in growing our reputation for delivering best in class business advice to our clients. We’re delighted to be welcoming him to the London office, where he will continue to provide specialist restructuring and insolvency advice to businesses across many sectors and to work with our growing team.”